Ethena Labs has successfully migrated its USDtb stablecoin smart contract to Anchorage Digital, finalizing its compliance with the US federal regulatory framework under the GENIUS Act. This move ensures that Anchorage Digital maintains full control over the minting and redemption processes of USDtb, as required by the GENIUS agreement. The smart contract has been upgraded to meet the necessary operational parameters, with management now under the control of Anchorage Digital Bank's keys.