Stable @withstable
Stable is the issuer of USDLR and is the first fiat-backed stablecoin issuer that pays affiliates on their users’ deposits. Backed by @polychain @dragonfly_xyz withstable.com United States Joined June 2023-
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🚀 Partnership with @withstable DIA collaborates with Stable to launch a collateral-based price oracle for the $USDLR stablecoin on @arbitrum. The oracle will be instrumental for the @SperaxUSD platform to mint its stablecoin, USDs. Due to the nature of the stablecoin, which is…
Excited to announce this partnership with @EdgelessNetwork! Can't wait to see what this team achieves 🫡
Excited to announce this partnership with @EdgelessNetwork! Can't wait to see what this team achieves 🫡
Which stablecoin will be on top at the end of 2024, 2029, 2034?
Which stablecoin will be on top at the end of 2024, 2029, 2034?
inevitable
Earn rewards simply by using USDLR to trade instead of other stablecoins
Earn rewards simply by using USDLR to trade instead of other stablecoins
@withstable is basically doing this except for any chain We pay crypto apps 10% annualized based on the amount of USDLR held by their users on their app/protocol Apps can then use the 10% to subsidize transactions or other benefits/rewards for their users
@withstable is basically doing this except for any chain We pay crypto apps 10% annualized based on the amount of USDLR held by their users on their app/protocol Apps can then use the 10% to subsidize transactions or other benefits/rewards for their users
Katana has $12.06m in USDC liquidity If USDLR replaced USDC in the USDC-RON and USDC-WETH pairs, @withstable would share $1.206m (10%) annually with @Ronin_Network This revenue could be used to subsidize ~half the trading fees for users It pays to work @withstable - the first…
Katana has $12.06m in USDC liquidity If USDLR replaced USDC in the USDC-RON and USDC-WETH pairs, @withstable would share $1.206m (10%) annually with @Ronin_Network This revenue could be used to subsidize ~half the trading fees for users It pays to work @withstable - the first…
Imagine a fiat-backed stablecoin issuer that pays protocols 10% annualized for every dollar of their stablecoin that protocol users deposit, which allows the protocols to subsidize the risk free rate for their users -> USDLR
Imagine a fiat-backed stablecoin issuer that pays protocols 10% annualized for every dollar of their stablecoin that protocol users deposit, which allows the protocols to subsidize the risk free rate for their users -> USDLR
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💎 @withstable's unique stablecoin - $USDLR highlights the need for fully-customizable price oracle methodology. Read about DIA's unique approach in USDLR’s CDR on the DIA Forum ➡️ forum.diadata.org/t/cdr-083-stab…
🚀 Partnership with @withstable DIA collaborates with Stable to launch a collateral-based price oracle for the $USDLR stablecoin on @arbitrum. The oracle will be instrumental for the @SperaxUSD platform to mint its stablecoin, USDs. Due to the nature of the stablecoin, which is…
🤝 Partnership with @withstable Stable's USDLR is a fiat-backed stablecoin that shares revenue with companies and protocols that distribute it. The oracle, deployed in the Arbitrum network, will enable the integration and secure usage of the $USDLR in DeFi.
🚀 Partnership with @withstable DIA collaborates with Stable to launch a collateral-based price oracle for the $USDLR stablecoin on @arbitrum. The oracle will be instrumental for the @SperaxUSD platform to mint its stablecoin, USDs. Due to the nature of the stablecoin, which is…
🚀 Partnership with @withstable DIA collaborates with Stable to launch a collateral-based price oracle for the $USDLR stablecoin on @arbitrum. The oracle will be instrumental for the @SperaxUSD platform to mint its stablecoin, USDs. Due to the nature of the stablecoin, which is…
Well thanks to our partnership @withstable and our integration with @RenzoProtocol we are able to take the yield from stable coin deposits as well as ETH that is bridged and redistribute the yield and sequencer fees that the chain accrues back to the application developers.
We’re excited to announce the launch of Edgeless Network: the first protocol fee-free ecosystem built as an @arbitrum nitro chain with @eigenlayer’s DA solution, @eigen_da.
Stablecoins are about to undergo a fundamental structural change as an industry: issuers will share yield from collateral. No longer will issuers be able to pocket all the yield and get free distribution from protocols, exchanges, and end users. Under the new paradigm, issuers…
Fintech 🤝 Solana All bank and no crypto makes fintech unprofitable. Fintech apps have high distribution, but low margin (since they are often wrappers around bank products). New, yield bearing stablecoins have higher margin but low distribution (since they have root access to…
Stablecoins are about to undergo a fundamental structural change as an industry: issuers will share yield from collateral. No longer will issuers be able to pocket all the yield and get free distribution from protocols, exchanges, and end users. Under the new paradigm, issuers…
Just wanna let you know👇 the first yield-bearing stablecoin on @avax is coming soon!
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@0xSindermann Thanks! T-bill yields such as @USDV_Money, @MountainUSDM, @OpenEden_Labs and @withstable will be integral parts for the protocols in the future. I believe they will serve protocols not individuals. Examples are @TraderJoe_xyz and @aevoxyz However, it is also important to note…
Earn rewards simply by using USDLR to trade instead of other stablecoins
Earn rewards when you trade with USDLR on Uniswap. Join the waitlist today.
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Gm, Satorians! ☀️ Fun fact, 2024 is the Chinese Year of the Dragon. In Chinese, this name is Loong 🐉 (NFA)