STBL

ChatGPT:

STBL is an RWA-backed stablecoin protocol that introduces a yield-splitting design to turn yield-bearing assets into liquid, dollar-pegged tokens. Users mint USST by depositing high-quality RWAs such as tokenized treasuries or money-market funds. The structure separates yield from principal, giving users a stablecoin they can spend, trade, or deploy in DeFi while retaining a separate claim on the yield. This allows them to unlock capital efficiency—using USST like USDT or USDC, compounding into additional RWAs, or leveraging strategies across DeFi—without giving up the underlying returns. At scale, the protocol channels on-chain collateral growth into a sustainable, liquid stablecoin supply.