It’s quite hard not to see $STBL going higher, tbh. Firstly, it was founded by Reeve Collins, who co-founded Tether, and Avtar Sehra. Main product is USST, a dollar-pegged stable minted when you deposit yield-bearing RWAs like Ondo USDY or BlackRock BUIDL. USST stays liquid and over-collateralized to hold its peg, so you can move it around, spend it, trade it, whatever. The yield from those RWAs gets stripped into a YLD NFT tied to your position. That NFT quietly stacks the interest and you can pull it out or compound whenever, while your USST stays usable. So where does $STBL come in? Not only is it used for governance, but it’s also the token that captures the upside. Every minting fee from USST goes straight into STBL buybacks. Avtar confirmed buybacks start this quarter, so the loop is basically live. The more USST gets adopted, the more pressure there is on STBL. Franklin Templeton already minted $100M USST through the protocol, so the institutions are watching. With 10B...
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