TechFlow news, June 10 — Stablecoin yields are entering a new era. Bybit Earn, the on-chain earning platform of cryptocurrency exchange Bybit, has become the first exchange to offer unlimited direct minting and redemption of USDtb. Bybit users can now instantly access USDtb without applications or waiting periods.
USDtb is a next-generation stablecoin developed by Ethena, designed to maintain a 1:1 value peg with the U.S. dollar. USDtb is backed by U.S. Treasury assets—safe, yield-generating government securities that provide its foundation. This structure enables USDtb to combine the stability of traditional finance with the speed and flexibility of crypto, offering users a secure, liquid, and yield-bearing asset.
With this upgrade, users can now directly deposit USDT, USDC, or USDe via Bybit to mint USDtb. The entire process is fast and simple, with no intermediaries required. When redemption is needed, USDtb can be instantly exchanged back into these stablecoins, without delays or hidden steps.
Emily Bao, Head of Spot at Bybit, said the integration of direct USDtb minting into Bybit Earn provides users with the autonomy and liquidity required for the future of on-chain finance.
