This Thursday, the Decibel Foundation launched its Decibel native stablecoin USDCBL, a dollar-pegged asset that will serve as the default collateral within its trading ecosystem. Brylee Whatley, the foundation’s director, stated that the asset will be issued through Bridge, aiming to ensure that the economic value generated by the collateral remains within the protocol instead of being absorbed by third parties.
This initiative directly impacts the optimization of decentralized exchanges by offering lower trading fees and deeper liquidity. The testing phase was a success, with over 650,000 unique accounts on the Aptos network; the protocol demonstrates that a sustainable growth model is possible without relying exclusively on increasing user fees.
The mainnet launch scheduled for this month will be closely watched by the market, as users will be able to convert their USDC deposits into USDCBL. The evolution of this model will be key, as the platform plans to expand its operations into real-world asset (RWA) trading and the spot market throughout the remainder of the year.
Source:https://x.com/DecibelTrade/status/2021992707552628961
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