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USDTB

Ethena USDtb

USDTB
Fiat-backed USD-pegged Rank #20

Price

$1.00

+0.00% off peg

Market Cap

$527.24M

Market Cap

$527.24M

Dominance

0.17%

of market

Price

$1.00

% Off Peg

+0.00%

24h Supply

-0.32%

7d Supply

-0.40%

30d Supply

+31.40%

Networks

2

chains

Circulating Supply

Total USDTB across all chains

$1.83B
$333.62M
Sep 4, 2025
Sep 3, 2026

Chain Distribution

Current supply by network

Ethereum
$481.32M 91.3%
Solana
$45.91M 8.7%

About Ethena USDtb

USDtb is a digital dollar, otherwise known as a USD stablecoin. USDtb can be used the same way a holder would use any other dollar, whether to send and receive payments, acquire and trade assets, or to simply hold dollars.

Mint & redeem

The mint and redeem contract is a smart contract defining the operations for minting and redeeming USDtb tokens based on cryptographically signed orders controlled by a single admin. EIP-712 and EIP-1271 are the signing methods currently supported. The price present in any mint/redeem orders is determined by an off-chain RFQ system, which a benefactor may accept by signing an order and submitting it to the USDtb RFQ server

Data via DefiLlama & CoinGecko. Figures update periodically and may differ slightly from other trackers. Not investment advice.