Binance Alpha has announced the launch of trading for STBL, the governance token of a next-generation stablecoin ecosystem. According to an official announcement on Binance’s X social media account, trading will open on September 13, with eligible users able to claim their token airdrop through the Binance Alpha Points system on the Alpha Events page immediately after trading begins. The launch follows a successful pre-seed funding round led by Wave Digital Assets, a digital asset manager with over $1 billion in assets under management.
STBL represents the governance token of a unique stablecoin ecosystem founded by Reeve Collins, co-founder of Tether. At the core of the ecosystem is USST, a stablecoin backed by real-world assets (RWA), including tokenized Treasury bonds and money market funds.
The revolutionary „yield splitting” mechanism allows users to receive two assets when minting USST: the stable token itself and YLD — a token representing the right to yield from
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