The stablecoin market is rapidly growing, yet there is an issue of yield loss when locking collateral to mint stable assets. The STBL protocol offers a solution to this problem.
Current Stablecoin Models Issues
Existing stablecoin models often face the problem of collateral sitting idle, with users losing potential yield. STBL offers a new decentralized model that allows users to mint stablecoins while still earning yield on their assets.
Founders with Experience
STBL is backed by two prominent figures in the crypto industry: Reeve Collins, co-founder of Tether, and Avtar Sehra, founder of Libre Finance. Their expertise positions STBL as an innovative and credible player in the stablecoin market.
Importance of STBL for DeFi
Stablecoins play a crucial role in decentralized finance, powering lending and trading. STBL addresses one of the main inefficiencies in current stablecoin systems by allowing users to retain yield, thereby attracting new users to DeFi.
STBL has the potential to reshape the perception of stablecoins, transforming them from merely a store of value into an income-generating asset in the DeFi ecosystem.
