USDtb

USDtb is a fiat-backed stablecoin designed to maintain a value of one US dollar, making it useful for anyone who wants to transact, save, or move value in digital form without exposure to the price swings common in other crypto assets. It operates on both the Ethereum and Solana blockchains, so it can be transferred freely across those networks. Its stated purpose is to give users a stable unit of account and medium of exchange that is redeemable against cash or cash-equivalent reserves.

USDtb maintains its peg by holding reserves, with approximately 90% of those reserves held in BlackRock's BUIDL fund, described as the highest BUIDL allocation of any stablecoin. When a user mints USDtb, the corresponding dollar value is placed into these reserves; when a user redeems it, reserves are drawn down to return dollars. The token itself has no native consensus algorithm — it settles on the underlying infrastructure of the Ethereum and Solana networks rather than operating its own chain.

The data stored for USDtb does not include a protocol fee stream, which means there are no fee-based measures such as revenue or fee yield available on this page to report. The reserve income generated by the BUIDL allocation accrues according to the terms of that fund and is not reflected in the on-chain metrics here. For users, the practical cost of holding USDtb relates to whatever the issuer retains from reserve earnings rather than an explicit on-chain fee, but no such figures appear in the stored data.