STBL, co-founded by Reeve Collins, introduces a protocol that splits yield-bearing RWAs into stablecoins and NFTs, with governance tokens already listed and a public launch expected in Q4.
STBL, co-founded by former Tether executive Reeve Collins, officially announced the launch of its protocol that tokenizes yield-generating real-world assets such as Franklin Templeton’s BENJI and BlackRock’s BUIDL. The system separates principal and yield, creating a tradeable USD stablecoin (USST) and an interest-bearing NFT (YLD). USST maintains its peg through over-collateralization and incentives, in compliance with the GENIUS Act. The governance token STBL is already trading on several exchanges, with a public launch of the protocol scheduled for Q4.