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$STBL is now live on Binance Alpha | Kraken $STBL is now live on Binance Alpha | Kraken $STBL is now live on Binance Alpha | Kraken $STBL is now live on Binance Alpha | Kraken $STBL is now live on Binance Alpha | Kraken $STBL is now live on Binance Alpha | Kraken $STBL is now live on Binance Alpha | Kraken $STBL is now live on Binance Alpha | Kraken $STBL is now live on Binance Alpha | Kraken

Use your stablecoin, Keep your yield

Coming Soon on Binance Alpha
Coming Soon on Kraken

Community Governed

STBL is governed by its community. Token holders play a direct role in shaping collateral choices, risk parameters, and protocol upgrades.

Protocol Evolution

Governance decides accepted collateral types, haircut limits, fee structures, and protocol upgrades, ensuring secure, adaptable, and community-driven stability.

Aligned Incentives

Decisions are transparent and decentralized, ensuring governance power is aligned with active contributors and long term ecosystem growth.

Participation

STBL holders can actively join governance by staking or time-locking their tokens, gaining rights to propose, vote, and shape the protocol’s future.

Mint USST

STBL

USST

 A dollar denominated stablecoin, fully fungible and backed by high quality real-world assets.

YLD

A tokenized stream of yield generated from the collateral, giving seamless exposure to returns without staking or liquidity lock-ups.

Team

Reeve Collins

Chairman and Co-founder Founder Tether

Dr. Avtar Sehra

CEO and Co-founder Founder KAIO

Bundeep Singh Rangar

Co-founder Linkedin

Sudeep Mehta

COO Linkedin

Joe Vallano

Director, BD Linkedin

Roadmap

A clear path to Stablecoin 2.0 — from launch to ecosystem expansion, delivering trust, yield, and global adoption at every stage.

Q2 2025

MVP

Launch with yield bearing stablecoins, money market instruments as OYA for issuing USST and YLD tokens Protocol audit

Q3 2025

Mainnet, listing & mintings

Launch on mainnet. TGE and STBL listing on top CEX, strategic minting partnerships for USST, launch proprietory bridge infra

Q4 2025

Ecosystem growth & governance

Launch STBL governance and participation, ecosystem growth on DEXs, lending protocols

Q1 2026

Regional & Institutional adoption

Partnerships with institutions and governments for adoption of USST for payment channels

Q2 2026

Expanding coverage

Increasing coverage of OYA to premium tokenized RWA such as loans, tokenized fund units and other asset classes Geographically scaling the utility ecosystem to LATAM

FAQs

Everything you need to know about STBL and how it works.

  • STBL is a next-generation stablecoin protocol designed to realign stablecoin economics around the user.
  • It allows users to mint fully collateralized stablecoins using tokenized real-world assets (RWAs).
  • Through yield stripping, STBL separates the principal (USST) from the yield (YLD), enabling users to keep their stablecoin liquid while still capturing yield.

STBL uses a three-token model:

  • USST: The stablecoin, backed 1:1 by onchain RWA collateral.
  • YLD: A non-fungible token (NFT) issued at mint, representing the right to claim yield from your deposited collateral.
  • STBL (GOV): The governance token of the protocol (launching soon). Used to vote on parameters, upgrades, and treasury decisions.

Users mint USST by depositing approved onchain RWA tokens as collateral (e.g., USDY, OUSG, BUIDL). Upon minting, users receive:

  • $USST (stablecoin, liquid and usable)
  • $YLD (NFT representing future yield claim)

USST will be available through the STBL minting app and on select centralized and decentralized exchanges beginning in late 2025.

Currently supported collateral includes tokenized money market RWAs:

  • USDY (Ondo, general-access)
  • OUSG (Ondo, qualified-access)
  • BUIDL (BlackRock via Backed)

All collateral is held onchain and monitored for eligibility via protocol-defined risk and haircut models.

YLD is a non-fungible token (NFT) issued at the time of minting USST.
It represents your right to the yield generated by your collateral for the duration of the term.

  • Accrues yield over time
  • Can be held to receive scheduled distributions

Yes. You can burn USST and redeem your original collateral at any time.
Redemptions reflect:

  • Applicable protocol fees
  • Collateral haircut (returned upon burn)
  • YLD status (must be surrendered or expired)

Details available in docs.stbl.com.

  • USST is designed for broad composability.
  • It will be usable in supported partner protocols and exchanges for trading, DeFi strategies, cross-chain bridging, and treasury management.
  • Yes, STBL is fully non-custodial.
  • Collateral is held in audited smart contracts. STBL never takes direct custody of funds.
  • Smart contracts have undergone security audits and are continuously reviewed. Audit reports are available on the docs.