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Ethena Labs has launched USDtb — a stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund, with 90% of its reserves allocated to BlackRock’s BUIDL fund, investing in short-term US Treasury bills, cash, and repurchase agreements.
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Ohio has introduced a pioneering bill to establish a Bitcoin reserve, spearheaded by State Representative Wes Goodman, potentially positioning the state as the first in the US to hold BTC as a reserve asset.
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