Tether plus BlackRock don expand wetin dem tokenized via Ethena Protocol, wey go boost Stablecoin money
Tether and BlackRock tokenized asset funds don dey grow well well since dem join with Ethena protocol. This move don make Ethena Labs the biggest person wey dey give liquidity for BlackRock's BUIDL fund. Around 90% of Ethena USDtb money now get support from BlackRock BUIDL LP shares, giving Ethena big part wey dem no direct get—worth about $1.3 billion—inside this kind big tokenized treasury product. Ethena dey use both Tether (USDT) and BlackRock's BUIDL to get money for their fake dollar thing, which dey make stablecoins get more liquidity, transparency, and help from big companies. This working together show say traditional money business and decentralized money (DeFi) dey come closer. BlackRock being part of am show say big companies dey interested well well in tokenized blockchain money. For people wey dey trade crypto, the way dem dey use tokenized treasury products and stablecoins like USDT go fit change how stablecoin demand and market doings be, and e fit affect how much trading dey happen and how liquid things be for important DeFi platforms.
Bullish
As Tether and BlackRock put their tokenized money inside Ethena protocol, e really boost how much money dey available and how institution people dey support stablecoins, especially USDT. The way Ethena Labs dey use BlackRock's BUIDL more and more, wey dem use am manage large part of dia fake dollar money, e show say big big institution people dey involve well and e make investors get more confidence for digital money. This join-join of old-school finance and DeFi open door for people to get stable money wey get asset back am. E mean say market go fit stand well and people go trade pass before, especially as tokenized money come easy for both big institution traders and small small traders. Wetin don happen before show say things like this dey make people want stablecoin more, e dey make new things happen, and e dey push the crypto market to go up. For short time, traders go see more money to trade with and dem go trade more for DeFi and stablecoin market; for long time, as people continue to use tokenized money and big stablecoins join hand with institution players like BlackRock, e suppose make the digital money sector grow more and build better infrastructure.