The STBL protocol launched by the original Tether Lianchuang splits stablecoin income into interest-bearable NFT YLD
Source: PANews
Time: 2025-09-18 19:34:34
PANews September 18th news, according to CoinDesk, former Tether co-founder Reeve Collins launched the STBL protocol to split revenue-based RWAs (such as Franklin Templeton BENJI, BlackRock BUIDL, etc.) into circulating US dollar stablecoins USST and interest-bearable NFT YLD. After depositing assets, users can hold principal and income separately. The agreement design complies with the requirements of the GENIUS Act. USST maintains anchoring through over-mortgage and incentive mechanisms. STBL governance tokens have been launched on several exchanges, and the agreement is expected to be open to the public in the fourth quarter.