Overview of $STBL Stablecoin - $STBL aims to redefine the stablecoin narrative by separating yield and principal, allowing users to enjoy utility without sacrificing earnings [1] - Reeve Collins, the creator of Tether, is behind $STBL [1] $STBL's Innovative Mechanism - $STBL introduces a new mechanism where minting yields two assets: $USST (stablecoin) and $YLD (yield-bearing NFT) [2] - Users can spend $USST while $YLD continues to generate yield, eliminating the trade-off between liquidity and returns [2] Asset Backing and TradFi Integration - $STBL is backed by real-world assets (RWAs) such as tokenized Treasuries and money market funds like Franklin Templeton's BENJI and Ondo's USDY [2] - $STBL aims to unlock RWA liquidity by converting tokenized treasuries and RWAs into $USST stablecoin and $YLD yield [3] Market Momentum and Future Plans - $STBL has secured $500 million in institutional minting commitments [3] - Token Generation Event (TGE) is coming soon [3]
X @Ash Crypto
Ash Crypto·2025-09-06 13:04