STBL 

STBL Price

What is the STBL token?

STBL is the protocol token of a decentralized, non-custodial stablecoin protocol branded "Stablecoin 2.0", co-founded by Tether co-founder Reeve Collins and Avtar Sehra, launched in September 2025. The protocol gives holders on-chain exposure to tokenized RWA collateral — tokenized money-market and Treasury products — split into two instruments: USST, an over-collateralized stablecoin targeting $1, and YLD, a yield-bearing NFT that captures the collateral's yield. STBL itself carries governance, staking and burn-for-reward utility.

How do USST and YLD work in the STBL protocol?

Users lock yield-bearing RWA collateral into the non-custodial STBL protocol and mint two instruments against it. USST is an over-collateralized stablecoin designed to hold a $1 peg; YLD is a yield-bearing NFT that captures the underlying collateral yield. The protocol pitches the model as "Money-as-a-Service": third-party ecosystems can launch their own Ecosystem-Specific Stablecoins anchored to USST, so users spend a stable asset while keeping the Treasury or private-credit yield a traditional issuer would capture.

Has the USST stablecoin ever lost its $1 peg?

Yes — USST fell below its $1 peg on October 10, 2025, hours after going live, during an early-liquidity event. The episode shows that peg stability is not guaranteed for a newly launched stablecoin: over-collateralization supports the peg by design, but USST traded below $1 while its liquidity was hours old. Any assessment of USST's peg resilience should account for this October 2025 depeg.

Is STBL a coin or a token?

STBL is a token, not a coin — the STBL protocol does not run its own blockchain, and STBL is issued as a contract on BNB Smart Chain (chain id 56). DropsTab classifies STBL under Stablecoin Issuer, with additional tags in DeFi and Real World Assets Protocols. Stellar interoperability has been announced, and a February 2026 partnership targets an RWA-backed stablecoin on OKX's X Layer.

How many STBL tokens exist in total?

STBL has a fixed maximum supply of 10,000,000,000 tokens — maximum supply equals total supply, confirmed by both DropsTab supply data and the project's official documentation. Per DropsTab vesting data, allocation spans 10 buckets: Team 20%, Staking 20%, Treasury + Future rounds 15%, Private Sale 1 12%, Ecosystem Development 11%, Liquidity & Market Making 10%, Advisors 5%, Public Distribution 4%, Private Sale 2 3%. Team plus Advisors control 25% of total supply.

What does STBL's vesting schedule mean for investors?

STBL's vesting structure creates sustained unlock-driven sell pressure through early 2028. Per DropsTab vesting data, the TGE on September 16, 2025 unlocked 825M STBL — 8.25% of supply, led by a 675M Treasury release — against an initial circulating float of roughly 700M tokens (~7% of max). 135 scheduled unlocks follow on monthly cadence, exceeding 300M STBL per month at the 2026 run-rate. Team and Advisors follow cliff-based schedules whose lengths are not publicly disclosed.

Can you stake STBL?

Yes — staking is a core, ongoing protocol function, delivered through the STBL protocol's Multi-Factor Staking design with time-locking and burn-for-reward mechanics. The Staking allocation holds 20% of total supply (2B STBL), emitted gradually to avoid supply shocks; per DropsTab vesting data, staking emissions began March 16, 2026 at roughly 105M STBL per month. Staking is a product feature of the protocol rather than a limited-time rewards campaign.

Who backed the STBL crypto project?

OKX Ventures — the venture arm of exchange OKX — invested in STBL's Strategic Round, dated February 12, 2026. Per DropsTab funding data, this is the only recorded round, and neither the amount nor the valuation was publicly disclosed; CoinDesk's coverage of the round confirms no figures were announced. No earlier rounds appear in public records, despite 12% and 3% private-sale allocation buckets whose terms were not publicly itemized.

What does STBL's partnership with OKX, Hamilton Lane and Securitize involve?

The February 2026 OKX Ventures investment came alongside a three-way partnership with Hamilton Lane and Securitize to launch an RWA-backed stablecoin on OKX's X Layer. The structure is a feeder fund into Hamilton Lane's Senior Credit Opportunities Fund (SCOPE), tokenized through Securitize — institutional private credit exposure rather than T-bills. The pairing signals exchange-side distribution plus institutional credit collateral, which backs the new stablecoin rather than USST directly.

Where can STBL be traded — CEX or DEX?

STBL trading is strongly CEX-weighted. Per DropsTab data, STBL trades on 5+ venues: spot on Kraken with fiat pairs (STBL/USD, STBL/EUR) plus STBL/USDT on Gate, MEXC, KuCoin, BingX, Biconomy.com and Bitrue, and perpetual futures on 5+ venues including Binance Futures, Bybit and Hyperliquid. DEX liquidity is confined to two PancakeSwap v2 pairs on BNB Smart Chain — a single-chain concentration for on-chain-only traders.