Decibel, a full-chain transaction engine based on Aptos, in collaboration with Bridge, launches the native stablecoin USDCBL

APT5,94%

BlockBeats News, February 13 — According to official sources, Decibel, an on-chain trading engine built on Aptos’ high-performance underlying infrastructure and co-incubated by Aptos Labs, announced a partnership with Stripe’s stablecoin infrastructure provider Bridge to launch the protocol’s native USD stablecoin USDCBL. This stablecoin will serve as Decibel’s default collateral asset to simplify unified collateral trading processes, improve Aptos ecosystem DeFi infrastructure, and strengthen Aptos’ core competitiveness in high-performance, institutional-grade on-chain trading scenarios. USDCBL will be issued through Bridge’s Open Issuance platform, fully backed by USD reserves. After Decibel’s mainnet launch, users can deposit USDC and convert it to USDCBL with a single click.

Currently, Decibel’s pre-deposit feature is officially live. According to official disclosures, within 12 hours of opening, over $42 million in funds have been deposited. The initial phase supports on-chain trading of perpetual contracts, with plans to gradually introduce spot and real-world asset (RWA) trading segments.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Deloitte and Stablecorp Launch QCAD, a Stablecoin Infrastructure for Canadian Financial Institutions

Deloitte and Stablecorp are partnering to integrate QCAD into banking systems, enhancing digital transactions. This initiative supports Canada's Bill C-15, focusing on interbank clearing, cross-border payments, and improving payment efficiency using blockchain.

CryptoFrontNews12m ago

Polygon-Incubated Katana Blockchain Acquires IDEX and Launches New Perpetual Futures Product

Polygon Labs and GSR-incubated decentralized finance network Katana acquired decentralized exchange IDEX to support its new product Katana Perps. IDEX will become a core component of Katana Perps, providing a high-performance matching engine and on-chain settlement functionality.

金色财经_48m ago

Taiwan VASP Association Renamed to "Virtual Asset Service Providers Industry Association," Establishes Three Major Committees to Strengthen "Listing Review and Anti-Fraud"

Taiwan's virtual asset regulation has reached a new milestone, with the Virtual Currency Association rebranding as the Virtual Asset Service Industry Association and establishing three specialized committees to strengthen compliance and governance. The association urges the government to set reasonable transition periods and compliance guidance in the legislative process of the "Virtual Asset Service Law" to promote industry development and international alignment.

動區BlockTempo58m ago

Wall Street's Crypto Ties Deepen as NYSE Taps Securitize for Tokenized Securities

In brief The New York Stock Exchange said that it’s working with Securitize on developing systems that will allow tokenized securities to trade round-the-clock. The companies are collaborating on standards that will shape tokenized securities on a platform affiliated with the largest stock e

Decrypt1h ago

Fira launches fixed-rate DeFi lending market with $450M in deposits

Ethereum-based decentralized finance (DeFi) lending protocol Fira said on Tuesday it was launching with about $450 million in deposits, highlighting demand for fixed-rate onchain credit. Fira said the protocol’s fixed-rate credit market allows users to lock borrowing costs and lending returns for d

Cointelegraph1h ago
Comment
0/400
No comments