As the countdown to October 10 begins, the cryptocurrency market is abuzz with anticipation for the launch of USST, a revolutionary stablecoin collateralized by tokenized US treasuries. Backed by industry giants like BlackRock’s BUIDL, USST is poised to redefine the stablecoin landscape, offering unparalleled stability and yield opportunities.
As the launch date approaches, STBL, the governance token of the protocol, is experiencing a major surge in price, driven by growing demand and the promise of increased protocol fees. With a target of $100 million in mints by the end of 2025 and a potential market cap rivalling Tether’s $170 billion, the stage is set for a significant shift in the DeFi space. As investors eagerly await the USST launch, one thing is clear- the success of this stablecoin could be a strong catalyst for the potential rally of STBL.
USST Launch on October 10
STBL’s launch of the USST stablecoin is coming closer, sparking widespread enthusiasm. Reportedly, the USST stable token is slated to debut on October 10, with backing from prominent players like BlackRock’s BUIDL.
Following the introduction of the innovative STBL platform, the team announced a dual-token model, comprising USST and YLD. USST serves as a stablecoin for everyday transactions, while YLD tokenizes and distributes yield generated from collateral. By decoupling stable value from yield, this innovative approach has the potential to expand applications and use cases in the market.
Founder Avtar Sehra Speaks About USST/YLD Minting
Previously, STBL founder Avtar Sehra announced that the platform is preparing for the launch of the STBL protocol on Ethereum, with key milestones expected in the coming days. He stated that version V0.5 of the Minting module and the Multi-Factor staking module would be released after external audits.
As per his announcement, the launch of USST and YLD is scheduled for October 10, with the Multi-Factor Staking module’s go-live on October 24. Additionally, the team plans to initiate a $100 million USST program, starting with USDY and followed by iBENJI, on October 10.
The team also plans to commence STBL buybacks of up to $1 million per month for three months, beginning October 32, 2025, while maintaining a disciplined approach to token supply release. Furthermore, the team is prioritizing product readiness and commercial execution, with plans to upgrade marketing and communications efforts to match the standard set in engineering and business development.
In an X post, Avtar Sehra confirmed the launch of USST/YLD on October 10. He noted that the company is on track with its timelines, with the minting module in final testing and a target go-live date of October 10. They plan to start minting incrementally once the module is live. He also mentioned that STBL has deliberately priced its Token Generation Event (TGE) low to foster community involvement and build, launch, and transparently scale the project. Sehra added,
“We believe the future of money – Stablecoin 2.0 – must be created transparently with direct community feedback. We’re building an infrastructure aimed at true democratisation of money. It’s not easy, and we’re just getting started.”
STBL Price Continues to Surge
Building on its initial momentum and driven by the USST launch frenzy, the STBL token is experiencing a notable recovery, sparking speculations about its potential run. At press time, STBL is valued at $0.2250, marking a significant surge of 554% in month. However, it has seen declines of Despite an 11% weekly decline, the token is up by a massive 787% since its launch.
Traders are also showing a notable positive sentiment, which is effectively conveyed through their increasing engagement with the cryptocurrency. The 24-hour volume is currently recorded at $156 million, up by 38%. This growing optimism highlights their confidence, which in turn could significantly drive a possible rally.
