OKX Ventures has made a strategic investment in STBL, which will develop an RWA-backed stablecoin on X Layer.

This article is machine translated
Show original

On February 12, CoinDesk reported that OKX Ventures made a strategic investment in STBL, a stablecoin and yield infrastructure provider. The specific investment amount was not disclosed.

STBL was co-founded by Tether co-founder Reeve Collins and Libre Capital founder Avtar Sehra. STBL stated that it plans to develop a stablecoin backed by real-world assets (RWA) on OKX's Ethereum-compatible Layer 2 blockchain, X Layer.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
Comments