OKX Ventures to invest in STBL to launch RWA-backed stablecoin on X Layer

Core Insights - OKX Ventures has made a strategic investment in STBL, a provider of stablecoin and yield infrastructure, to support its mission of building money-as-a-service infrastructure [1][2] - STBL is partnering with Hamilton Lane and Securitize to launch a real-world-asset-backed stablecoin on OKX's EVM-compatible Layer 2 blockchain, X Layer [1][3] Investment and Partnerships - The capital from OKX Ventures will help STBL in issuing branded RWA-backed stablecoins, enhancing the foundation for capital-efficient RWA products [2][3] - The collaboration with Hamilton Lane aims to accelerate the development of a mature RWA ecosystem, integrating institutional private credit and regulated tokenization [3][6] Product Development - STBL plans to introduce the first Ecosystem-Specific Stablecoin (ESS) on X Layer, utilizing a dual-token architecture to differentiate between liquid settlement and yield generation [5] - The asset framework for the stablecoin launch includes a feeder fund to Hamilton Lane's Senior Credit Opportunities Fund (SCOPE), tokenized via Securitize, to support regulated stablecoin issuance backed by tokenized RWAs [4][6]