STBL

<p>STBL 是一个基于风险资产 (RWA) 的稳定币协议，它采用收益分割机制，将收益资产转换为具有流动性且美元稳定的代币。铸币者存入高质量的风险资产 (RWA)，例如代币化国债或货币市场基金，即可获得 USST 作为稳定币，并保留单独的收益索取权。这种结构允许用户在不放弃收益的情况下解锁和重复使用其本金&mdash;&mdash;例如消费或部署 USST（例如 USDT/USDC）、再投资其他风险资产以获得复合收益，或参与 DeFi 策略&mdash;&mdash;同时，该协议将链上抵押品的增长转化为可扩展且具有流动性的稳定币供应。</p>

0x8dedf84656fa932157e27c060d8613824e7979e3

STBL (STBL) 简介

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https://cdn.mytoken.org/out/affb5ce635d0ea03cd8d734f0af4a73d

Tether联创再就业，打造“第二代稳定币”的STBL到底是个啥？

https://image.blocktempo.com/2025/09/STBL-350x250.png

STBL 協議是什麼？抵押現實世界資產（RWA）來鑄造穩定幣、代幣經濟學分析

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