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Ethena is the largest LP for BlackRock's BUIDL fund, with indirect Holdings of approximately $1.3 billion.
PANews, April 25 news, according to Token Terminal data, the stablecoin USDtb issued by Ethena Labs is supported by about 90% of its assets in LP shares of the BlackRock BUIDL fund, indirectly becoming the largest Liquidity Provider of the fund, with a Holdings scale of 1.3 billion USD.