Binance is set to shake up the crypto space by becoming the first platform to offer STBL (STBL), a new stablecoin that promises to bring unprecedented stability and reliability to the market. According to Binance’s official announcement, Binance Alpha will list STBL on September 13.
Binance Alpha to List STBL
In an X post today, Binance announced that Binance Alpha will launch STBL on September 13, 2025. The announcement read, “Get ready! Binance Alpha will be the first platform to feature STBL (STBL) on September 13.”
As per the post, eligible users will be able to claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens. While the exchange hasn’t revealed further details on the event, it posited that more information would be provided in the upcoming days.
In response to the development, STBL shared a post on its official X page, asserting, “The next chapter of stablecoin innovation begins.”
What is STBL?
Notably, STBL is a revolutionary stablecoin protocol that leverages real-world assets (RWAs) and a unique yield splitting mechanism. By depositing high-quality RWAs like tokenized treasuries or money-market funds, users can mint USST stablecoins while retaining a separate yield claim.
This innovative structure enables users to unlock their principal without losing yield, enabling them to spend, reinvest, or engage in DeFi strategies with USST, all while the protocol grows its stablecoin supply through on-chain collateral.
It is noteworthy that STBL was founded by Reeve Collins, the co-founder of Tether (USDT), which remains the largest stablecoin by market cap and the most widely used token. With Collins at the helm of STBL, this new stablecoin is poised to leverage his expertise and experience in the stablecoin market.
This background could potentially bring significant benefits to the novel token, including enhanced credibility, stability, and adoption, ultimately contributing to the growth and evolution of the stablecoin ecosystem. Elisa, a prominent voice, wrote on X, “Founder is hyper-connected in the tradfi world so without a doubt he will pull off big partnerships here.”
According to CoinMarketCap data on the yet-to-be-launched stablecoin, STBL boasts a total of 10 billion tokens. This substantial token supply is expected to enhance liquidity and stability in the crypto market, fostering a more robust ecosystem.
Crypto analyst Ash Crypto took to X to address the potential launch of STBL. He wrote, “STBL is the next evolution of stablecoins, separating yield and principal so users can enjoy utility without giving up their earnings.”
How STBL Works?
Recently, the STBL platform reported a post shared by Elisa, the Ambassador of the Ronin Network. Elisa explained the working principle of the stablecoin. According to the post, the STBL protocol enables users to mint USST stablecoin against tokenized RWAs while earning yield. In detail, when users deposit treasury tokens or other RWAs such as USDY, OUSG, or BENJI, they receive USST tokens, which they can use freely. Additionally, users can retain a Yield NFT (YLD), which continues to earn yield. To redeem their collateral, users just need to return both the USST and YLD.
Elisa also added that the STBL app is now live, featuring a points program that rewards users with 10 points for every 1 USST mined.
