STBL, the institutional-grade stablecoin protocol, and the Stellar Development Foundation (SDF) announced the launch of USST, an institutional-grade RWA-backed stablecoin powered by STBL’s Stablecoin 2.0 infrastructure, on the Stellar network. The launch is aimed at accelerating ecosystem adoption, deepening market liquidity, and expanding real-world utility onchain.
STBL intends to collaborate with the Stellar ecosystem on strategic integrations that support the development of a broad range of onchain utility for USST. Planned initiatives include expanding access to eligible onchain venues, supporting institutional use cases for liquidity, settlement, and collateral mobility, and enabling participation designed for institutional and DeFi market participants.
By establishing multiple pathways for liquidity, settlement, STBL aims to support USST’s role within the Stellar network’s growing RWA ecosystem, while creating additional utility for eligible tokenized treasury and money market fund holders.
Founded by Reeve Collins, STBL utilizes unique technical architecture designed to support institutional liquidity and settlement use cases. Market participants can deposit high-quality RWAs, such as tokenized treasuries or money-market funds, to mint the USST stablecoin. Other protocol features are designed to support uses such as cross-border payments, settlement and collateral mobility.
“We are fundamentally rewiring how value moves and grows in the digital economy,” said Dr. Avtar Sehra, CEO and Co-Founder of STBL. “Institutional investors increasingly hold tokenized treasuries and money market funds, but they still face a trade-off between maintaining DeFi exposure and accessing liquidity. USST removes that trade-off. Through the launch of USST on Stellar, we can bring that model to one of the industry’s leading RWA ecosystems with meaningful liquidity.”
“As tokenized real-world assets continue to gain momentum, institutions are looking for infrastructure that can support liquidity, settlement, and utility”, said Raja Chakravorti, Chief Business Officer of the Stellar Development Foundation. “The launch of USST on Stellar adds another example of how open blockchain infrastructure can support institutional asset workflows and expand utility across the tokenized asset ecosystem.”
USST minting on Stellar is expected to be supported initially by eligible institutional-grade tokenized treasury collateral, beginning with USDY. STBL is also advancing additional collateral integrations, including Franklin Templeton’s BENJI, as part of its broader vision to create a scalable framework for real-world asset-backed liquidity on Stellar.
Over time, STBL expects to expand the range of eligible collateral available within the protocol, enabling broader participation from institutional asset issuers and tokenized real-world asset providers.