STBL, A New Kind of Stable coin?

[Victoria01]

I’ve been digging into STBL lately, and it feels a bit different from the  usual stable coin projects. Instead of just promising stability, it’s designed with three parts that work together. There is USST, which is the stable coin pegged to the dollar and backed by real-world assets like U.S. Treasuries. Then there’s YLD, which lets holders benefit from the yield those assets generate. Finally, there’s the STBL token itself, which gives the community the power to vote on upgrades, risks, and how the funds are managed.

What makes it more interesting is the team behind it one of the co-founders of Tether is involved, also listed on BingX Futures creating more visibility to interested traders and they’re already talking about building a cross-chain bridge to make adoption easier across different networks. The token has been very volatile since listing, which is pretty normal for new launches, but the bigger question is whether it can build long-term trust and adoption.

Could this be the next stable coin that really stands out?

[TastyChillySauce00]

This project give me flashback to resolv with their USR, RLP, and RESOLV token. Maybe there's small difference but more or less the same thing. I don't even think the token is needed .

I don't really think this gonna be the next stablecoin that stands out though, too much better competition that now even there's USD1 issued by WLFI.
The market is too saturated for project like this to stand out, maybe just momentary hype.

[rat03gopoh]

I don't really think this gonna be the next stablecoin that stands out though, too much better competition that now even there's USD1 issued by WLFI.

I wondered what the benefit was in developing a new stablecoin variant whose sole purpose was to peg the value of fiat currency. Creating "another one" without significant advantages is hardly relevant to the industry's overall needs. At best, the code is expanded for greater control.