Ethena Labs and Securitize have teamed up to let investors swap between BlackRock’s tokenized treasury fund (BUIDL) and Ethena’s stablecoin (USDtb) anytime, day or night. This is the first time institutional and DeFi users can seamlessly trade these assets 24/7, bridging traditional finance with crypto in a way that wasn’t possible before.

Editor’s Note: This isn’t just a technical upgrade—it’s a small but meaningful step toward making traditional financial assets (like U.S. Treasuries) as fluid and accessible as crypto. For institutions and DeFi traders alike, it means more flexibility and fewer barriers when moving between "real-world" yield and stablecoins. It’s another sign that Wall Street and crypto are slowly but surely learning to play nice.