FAQ
FAQ
FAQ
Everything you need to know about STBL and how it works.
Everything you need to know about STBL and how it works.
Everything you need to know about STBL and how it works.
What is STBL?
STBL is a Money-as-a-Service (MaaS) infrastructure provider enabling institutions and ecosystems to launch their own Ecosystem-Specific Stablecoins (ESS), fully backed by tokenized real-world assets (RWAs) and interoperable through USST, the universal settlement stablecoin. At the protocol level STBL realizes Stablecoin 2.0: a transparent, over-collateralized architecture that separates the principal (the spendable stablecoin) from the yield (the income generated by the underlying collateral). This enables ecosystems to own their currency, capture yield, and operate with full on-chain auditability - without building complex financial infrastructure from scratch.
Key components of the STBL ecosystem:
USST - the universal, spendable stablecoin used for circulation and cross-ecosystem liquidity. YLD - an NFT that accrues the yield generated by the RWA collateral used to mint USST. STBL - the governance and value-capture token that coordinates protocol upgrades, collateral policy, treasury allocation, and ecosystem incentives. STBL’s platform is designed for institutional security, regulatory alignment, and enterprise adoption: fully on-chain collateral visibility, Segregated Vaults, dynamic peg mechanics, and integrations that make ESS issuance fast, compliant, and interoperable.
What is STBL’s MaaS framework?
Money-as-a-Service (MaaS) enables institutions to issue their own stablecoins without building the infrastructure from scratch. STBL provides: Compliant, modular issuance rails RWA-backed collateralization Full on-chain transparency A unified liquidity layer through USST Security, audits, KYC/AML compatibility
What are Ecosystem-Specific Stablecoins (ESS)?
ESS are stablecoins created by ecosystems (exchanges, payment networks, platforms, fintechs, enterprises) using STBL’s infrastructure. ESS benefits: Native to the ecosystem Fully collateralized by RWAs Interoperable with USST Programmable for loyalty, payments, yield routing, and more Compliant and transparent by default USST acts as the bridge asset between ESS issuers globally.
What tokens exist in the STBL ecosystem?
STBL operates a three-token architecture, each serving a distinct function: 1. USST - Universal RWA-Backed Stablecoin Collateralized by tokenized RWAs & Money Market funds. Over-collateralized and fully transparent on-chain Acts as the interoperability and liquidity layer for all ESS partners 2. YLD - Yield Claim NFT A non-fungible token representing the yield on the collateral deposited during USST minting Accrues yield over time Eligible for scheduled yield distributions Remains independent of the principal (USST), enabling clean separation of cash and yield 3. STBL - Governance Token Governs collateral parameters, upgrades, risk models, ESS onboarding, and treasury Captures value generated by the protocol Powers Multi-Factor Staking (MFS) reward mechanics
How do I mint USST?
USST can be minted directly through the STBL dApp. Users deposit approved tokenized RWA collateral and receive: - USST (principal stablecoin) - YLD (NFT yield claim associated with the collateral) Minting is fully on-chain, programmable, and transparent.
Where is USST available?
Live: Minting on dapp.stbl.com Coming soon: Select centralized and decentralized exchanges Coming soon - Cross-chain availability and integration into partner protocols, treasuries, and ESS issuers
What collateral can I use to mint USST?
STBL supports leading tokenized RWA money-market funds, including: USDY (Ondo – general access) OUSG (Ondo – qualified access) Upcoming - BUIDL, BENJI, USDG Subject to transparent eligibility checks Managed via protocol-defined risk, haircut, and exposure models Additional RWA assets will be added in future.
What is the Tri-Factor Peg Model?
USST maintains stability through a programmatic, three-factor peg system: Dynamic Mint/Burn Rates Rates adjust based on collateral conditions, market spreads, liquidity factors, and systemic health. Partial Redemption via YLD Users can redeem portions of collateral through YLD, enabling flexible withdrawals and improved peg responsiveness. Converter-Based Liquidity Converters provide par liquidity for USST and support whitelisted YLD transfers, ensuring smooth market operations without slippage. This model enables USST to maintain a robust, predictable peg while scaling across ecosystems.
What is YLD?
YLD is an NFT representing the yield component of the collateral used to mint USST. It enables: Separation of yield and principal, a foundational element of Stablecoin 2.0 Scheduled yield distributions based on the underlying asset Transferability and programmability, enabling future utility across dApps and ESS environments
Where can USST be used?
USST is designed to function as the interoperable settlement layer across ecosystems. Use cases include: Trading on exchanges Lending on DeFi protocols DeFi strategies and automated liquidity systems Cross-chain settlement Treasury and payment applications ESS stablecoin interoperability As ESS partners go live, USST becomes the liquidity hub connecting them.
How secure is STBL?
Security and transparency are fundamental to STBL’s design: All smart contracts are deployed fully on-chain Independently audited by Cyfrin, a leading security auditor Audit reports are publicly available at www.stbl.com/audit-report Collateral is visible on-chain and monitorable in real-time
What is Multi-Factor Staking (MFS)?
MFS is a next-generation staking model rewarding users not only for staking STBL, but for strengthening the broader ecosystem. How it works: Lock STBL for periods of 3-90 days Co-lock USST to boost your multiplier Rewards scale based on: Duration Amount staked Contribution to USST liquidity The longer and more aligned your participation, the greater your rewards. Why it matters: MFS is designed to: Incentivize long-term commitment Deepen liquidity Reward users who strengthen the USST–STBL ecosystem Current phase multipliers follow a parabolic curve, reaching up to 5×.
What is STBL?
STBL is a Money-as-a-Service (MaaS) infrastructure provider enabling institutions and ecosystems to launch their own Ecosystem-Specific Stablecoins (ESS), fully backed by tokenized real-world assets (RWAs) and interoperable through USST, the universal settlement stablecoin. At the protocol level STBL realizes Stablecoin 2.0: a transparent, over-collateralized architecture that separates the principal (the spendable stablecoin) from the yield (the income generated by the underlying collateral). This enables ecosystems to own their currency, capture yield, and operate with full on-chain auditability - without building complex financial infrastructure from scratch.
Key components of the STBL ecosystem:
USST - the universal, spendable stablecoin used for circulation and cross-ecosystem liquidity. YLD - an NFT that accrues the yield generated by the RWA collateral used to mint USST. STBL - the governance and value-capture token that coordinates protocol upgrades, collateral policy, treasury allocation, and ecosystem incentives. STBL’s platform is designed for institutional security, regulatory alignment, and enterprise adoption: fully on-chain collateral visibility, Segregated Vaults, dynamic peg mechanics, and integrations that make ESS issuance fast, compliant, and interoperable.
What is STBL’s MaaS framework?
Money-as-a-Service (MaaS) enables institutions to issue their own stablecoins without building the infrastructure from scratch. STBL provides: Compliant, modular issuance rails RWA-backed collateralization Full on-chain transparency A unified liquidity layer through USST Security, audits, KYC/AML compatibility
What are Ecosystem-Specific Stablecoins (ESS)?
ESS are stablecoins created by ecosystems (exchanges, payment networks, platforms, fintechs, enterprises) using STBL’s infrastructure. ESS benefits: Native to the ecosystem Fully collateralized by RWAs Interoperable with USST Programmable for loyalty, payments, yield routing, and more Compliant and transparent by default USST acts as the bridge asset between ESS issuers globally.
What tokens exist in the STBL ecosystem?
STBL operates a three-token architecture, each serving a distinct function: 1. USST - Universal RWA-Backed Stablecoin Collateralized by tokenized RWAs & Money Market funds. Over-collateralized and fully transparent on-chain Acts as the interoperability and liquidity layer for all ESS partners 2. YLD - Yield Claim NFT A non-fungible token representing the yield on the collateral deposited during USST minting Accrues yield over time Eligible for scheduled yield distributions Remains independent of the principal (USST), enabling clean separation of cash and yield 3. STBL - Governance Token Governs collateral parameters, upgrades, risk models, ESS onboarding, and treasury Captures value generated by the protocol Powers Multi-Factor Staking (MFS) reward mechanics
How do I mint USST?
USST can be minted directly through the STBL dApp. Users deposit approved tokenized RWA collateral and receive: - USST (principal stablecoin) - YLD (NFT yield claim associated with the collateral) Minting is fully on-chain, programmable, and transparent.
Where is USST available?
Live: Minting on dapp.stbl.com Coming soon: Select centralized and decentralized exchanges Coming soon - Cross-chain availability and integration into partner protocols, treasuries, and ESS issuers
What collateral can I use to mint USST?
STBL supports leading tokenized RWA money-market funds, including: USDY (Ondo – general access) OUSG (Ondo – qualified access) Upcoming - BUIDL, BENJI, USDG Subject to transparent eligibility checks Managed via protocol-defined risk, haircut, and exposure models Additional RWA assets will be added in future.
What is the Tri-Factor Peg Model?
USST maintains stability through a programmatic, three-factor peg system: Dynamic Mint/Burn Rates Rates adjust based on collateral conditions, market spreads, liquidity factors, and systemic health. Partial Redemption via YLD Users can redeem portions of collateral through YLD, enabling flexible withdrawals and improved peg responsiveness. Converter-Based Liquidity Converters provide par liquidity for USST and support whitelisted YLD transfers, ensuring smooth market operations without slippage. This model enables USST to maintain a robust, predictable peg while scaling across ecosystems.
What is YLD?
YLD is an NFT representing the yield component of the collateral used to mint USST. It enables: Separation of yield and principal, a foundational element of Stablecoin 2.0 Scheduled yield distributions based on the underlying asset Transferability and programmability, enabling future utility across dApps and ESS environments
Where can USST be used?
USST is designed to function as the interoperable settlement layer across ecosystems. Use cases include: Trading on exchanges Lending on DeFi protocols DeFi strategies and automated liquidity systems Cross-chain settlement Treasury and payment applications ESS stablecoin interoperability As ESS partners go live, USST becomes the liquidity hub connecting them.
How secure is STBL?
Security and transparency are fundamental to STBL’s design: All smart contracts are deployed fully on-chain Independently audited by Cyfrin, a leading security auditor Audit reports are publicly available at www.stbl.com/audit-report Collateral is visible on-chain and monitorable in real-time
What is Multi-Factor Staking (MFS)?
MFS is a next-generation staking model rewarding users not only for staking STBL, but for strengthening the broader ecosystem. How it works: Lock STBL for periods of 3-90 days Co-lock USST to boost your multiplier Rewards scale based on: Duration Amount staked Contribution to USST liquidity The longer and more aligned your participation, the greater your rewards. Why it matters: MFS is designed to: Incentivize long-term commitment Deepen liquidity Reward users who strengthen the USST–STBL ecosystem Current phase multipliers follow a parabolic curve, reaching up to 5×.
What is STBL?
STBL is a Money-as-a-Service (MaaS) infrastructure provider enabling institutions and ecosystems to launch their own Ecosystem-Specific Stablecoins (ESS), fully backed by tokenized real-world assets (RWAs) and interoperable through USST, the universal settlement stablecoin. At the protocol level STBL realizes Stablecoin 2.0: a transparent, over-collateralized architecture that separates the principal (the spendable stablecoin) from the yield (the income generated by the underlying collateral). This enables ecosystems to own their currency, capture yield, and operate with full on-chain auditability - without building complex financial infrastructure from scratch.
Key components of the STBL ecosystem:
USST - the universal, spendable stablecoin used for circulation and cross-ecosystem liquidity. YLD - an NFT that accrues the yield generated by the RWA collateral used to mint USST. STBL - the governance and value-capture token that coordinates protocol upgrades, collateral policy, treasury allocation, and ecosystem incentives. STBL’s platform is designed for institutional security, regulatory alignment, and enterprise adoption: fully on-chain collateral visibility, Segregated Vaults, dynamic peg mechanics, and integrations that make ESS issuance fast, compliant, and interoperable.
What is STBL’s MaaS framework?
Money-as-a-Service (MaaS) enables institutions to issue their own stablecoins without building the infrastructure from scratch. STBL provides: Compliant, modular issuance rails RWA-backed collateralization Full on-chain transparency A unified liquidity layer through USST Security, audits, KYC/AML compatibility
What are Ecosystem-Specific Stablecoins (ESS)?
ESS are stablecoins created by ecosystems (exchanges, payment networks, platforms, fintechs, enterprises) using STBL’s infrastructure. ESS benefits: Native to the ecosystem Fully collateralized by RWAs Interoperable with USST Programmable for loyalty, payments, yield routing, and more Compliant and transparent by default USST acts as the bridge asset between ESS issuers globally.
What tokens exist in the STBL ecosystem?
STBL operates a three-token architecture, each serving a distinct function: 1. USST - Universal RWA-Backed Stablecoin Collateralized by tokenized RWAs & Money Market funds. Over-collateralized and fully transparent on-chain Acts as the interoperability and liquidity layer for all ESS partners 2. YLD - Yield Claim NFT A non-fungible token representing the yield on the collateral deposited during USST minting Accrues yield over time Eligible for scheduled yield distributions Remains independent of the principal (USST), enabling clean separation of cash and yield 3. STBL - Governance Token Governs collateral parameters, upgrades, risk models, ESS onboarding, and treasury Captures value generated by the protocol Powers Multi-Factor Staking (MFS) reward mechanics
How do I mint USST?
USST can be minted directly through the STBL dApp. Users deposit approved tokenized RWA collateral and receive: - USST (principal stablecoin) - YLD (NFT yield claim associated with the collateral) Minting is fully on-chain, programmable, and transparent.
Where is USST available?
Live: Minting on dapp.stbl.com Coming soon: Select centralized and decentralized exchanges Coming soon - Cross-chain availability and integration into partner protocols, treasuries, and ESS issuers
What collateral can I use to mint USST?
STBL supports leading tokenized RWA money-market funds, including: USDY (Ondo – general access) OUSG (Ondo – qualified access) Upcoming - BUIDL, BENJI, USDG Subject to transparent eligibility checks Managed via protocol-defined risk, haircut, and exposure models Additional RWA assets will be added in future.
What is the Tri-Factor Peg Model?
USST maintains stability through a programmatic, three-factor peg system: Dynamic Mint/Burn Rates Rates adjust based on collateral conditions, market spreads, liquidity factors, and systemic health. Partial Redemption via YLD Users can redeem portions of collateral through YLD, enabling flexible withdrawals and improved peg responsiveness. Converter-Based Liquidity Converters provide par liquidity for USST and support whitelisted YLD transfers, ensuring smooth market operations without slippage. This model enables USST to maintain a robust, predictable peg while scaling across ecosystems.
What is YLD?
YLD is an NFT representing the yield component of the collateral used to mint USST. It enables: Separation of yield and principal, a foundational element of Stablecoin 2.0 Scheduled yield distributions based on the underlying asset Transferability and programmability, enabling future utility across dApps and ESS environments
Where can USST be used?
USST is designed to function as the interoperable settlement layer across ecosystems. Use cases include: Trading on exchanges Lending on DeFi protocols DeFi strategies and automated liquidity systems Cross-chain settlement Treasury and payment applications ESS stablecoin interoperability As ESS partners go live, USST becomes the liquidity hub connecting them.
How secure is STBL?
Security and transparency are fundamental to STBL’s design: All smart contracts are deployed fully on-chain Independently audited by Cyfrin, a leading security auditor Audit reports are publicly available at www.stbl.com/audit-report Collateral is visible on-chain and monitorable in real-time
What is Multi-Factor Staking (MFS)?
MFS is a next-generation staking model rewarding users not only for staking STBL, but for strengthening the broader ecosystem. How it works: Lock STBL for periods of 3-90 days Co-lock USST to boost your multiplier Rewards scale based on: Duration Amount staked Contribution to USST liquidity The longer and more aligned your participation, the greater your rewards. Why it matters: MFS is designed to: Incentivize long-term commitment Deepen liquidity Reward users who strengthen the USST–STBL ecosystem Current phase multipliers follow a parabolic curve, reaching up to 5×.