Bybit becomes the first exchange of USDTB, which brings stability from the corporate degree to encryption traders

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Usdtb combines the liquidity of Stablecoins with the security and transparency of the American Treasury Assets.

Dubai, United Arab Emirates, March 6, 2025, Chainwire

PipeThe second largest exchange of cryptocurrencies in the world by trading, becomes the first platform to include USDTBBlockchain -based STADLLECOIN that was created and managed by Ethena Labs, in its immediate exchange. The USDTB combines the liquidity of Stablecoins with the security and transparency of the American Treasury Assets, which represents a pivotal innovation in the development of digital dollars.

USDTB is primarily supported by the Blackrock Digital Corporation Code (Buidl), which carries 100 % of its assets in cash, US Treasury invoices, and other short -term US government obligations. This conservative and transparent support makes UDTB a convincing option for investors looking for both stability and return in the ecosystem of digital assets.

A new chapter in Stablecoins

Unlike traditional stablecoins, USDTB mixes the distinctive US Treasury Fund products with Stablecoin reserves, providing a unique mixture of stability, flexibility and immediate liquidity. This next generation provides faster and cheaper transactions compared to traditional banking systems, while providing stable returns to users with main protection-echoing Ethena Labs’ USDE.

The main timeline

Usdtb menu in immediate trading: March 4, 2025, 8 am UTC
Open USDTB withdrawals: March 5, 2025, 8 am UTC
USDTB 5 % Airdrop: The first snapshot on March 6, 2025
The first reward distribution: Before March 7, 6 am UDT

Deposits and clouds will be available via the ETH network.

Exclusive 5 % APR for BYBIT users

To celebrate MenuBybit offers 5 % annual percentage (April) On Usdtb Holdings for new and current qualified users who have no lock requirements. from March from 6 to 4 AprilBYBIT users can join the exclusive Bybit event to enjoy a limited APR at a rate of 5 % on USDTB holdings, starting at at least 0.0000,000 USDTB. Holders of enjoying 95 % of the return on the treasury will continue after the first month.

The bonuses will be distributed in USDTB on the basis of who comes first, served first, and a total of 200 million crowned USDTB codes. APR will gradually decrease after reaching the cap. However, all USDTB holders on Bybit will continue to earn bonuses indefinitely after the end of the promotional period.

“By inserting a USDTB, bybit is a pioneer in new limits for Stablecoins-Blining Traditional Assets and Digital Assets with unprecedented transparency and institutional security,” Jerry Lee, Head of Wealth Management in bybit. “We are proud to be the first to give this innovative origin to our users, and expand their options for both safe savings and dynamic trading opportunities, while maintaining the smooth experience that is famous by bybit.”

About bybit

Pipe It is the second largest exchange of encrypted currencies in the world through trading size, as it serves a global community of more than 60 million users. Founded in 2018, bybit redefines openness in the decentralized world by creating a simpler and equal environmental system for all. With a strong focus on Web3, Bybit is strategically inconsistent with the leading Blockchain protocols to provide a strong infrastructure and drive innovation on the chain. She is famous for her safe custody, various markets, anchor user experience, advanced Blockchain tools, embodies the gap between Trafi and Defi, empowering builders, creators, and lovers to cancel the full capabilities of Web3. Discover the future of decentralized financing in Bybit.com.

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