STBL (STBL) fell 16.32% in the last 24 hours.

2025-09-22 02:36:38

Gate News Bot news, on September 22, according to CoinMarketCap data, as of the time of writing, STBL (STBL) is currently priced at 0.35 USD, falling by 16.32% in the past 24 hours, with a high of 0.54 USD and a low of 0.02 USD. The 24-hour trading volume reached 269 million USD. The current market capitalization is approximately 175 million USD, a decrease of about 34.08 million USD compared to yesterday.

Important news about STBL recently:

1️⃣ The price of STBL fluctuated sharply after its Alpha launch Since its launch in Alpha, STBL has experienced significant price fluctuations. At different points in time, the increase in STBL's price has ranged from 50.05% to 1904.51%, with the current price fluctuating between 0.20156 USDT and 0.44566 USDT. This large price volatility reflects the market's high attention and speculative sentiment towards this new project.

2️⃣ STBL official response to "market maker sell-off" rumors The official STBL has clarified the speculation on social media regarding market makers selling tokens during the TGE phase. The official stated that no unusual selling activities have been observed and explained that some on-chain transfers that were misjudged as sales are actually normal operational activities of the trading platform. This statement aims to eliminate market concerns and maintain the project's reputation.

3️⃣ STBL Protocol's Innovative Design Attracts Attention The STBL protocol, launched by Reeve Collins, a former co-founder of Tether, adopts an innovative stablecoin design. The protocol splits income-generating RWA into a circulating dollar stablecoin USST and an interest-bearing NFT YLD, allowing users to hold principal and income separately. This design complies with the GENIUS Act requirements, maintaining the peg through over-collateralization and incentive mechanisms, bringing new possibilities to the stablecoin market.

The price trend of STBL reflects the high volatility commonly seen in the early stages of new projects. While innovative designs attract market attention, they are also accompanied by controversy and skepticism. Investors should closely monitor project developments and market reactions, carefully assessing potential risks.

This message does not constitute investment advice; investors should be aware of market volatility risks.

STBL-11.21%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.