Binance Alpha has confirmed the launch of trading for the STBL governance token, which will be featured on the early access platform. According to an official announcement on Binance’s social media, trading will begin on September 13, with Alpha Points holders receiving exclusive access to the airdrop program through the Alpha Events page. The listing follows the closing of a successful pre-seed funding round led by Wave Digital Assets, a fund with over $1 billion in assets under management.
STBL is part of a three-token architecture in an innovative ecosystem developed by Reeve Collins, co-founder of the world’s first mass-market stablecoin, Tether. The system includes the USST stablecoin backed by U.S. Treasury bonds, the YLD yield token, and the STBL governance token, creating an unprecedented model for separating liquidity and yield.
The “yield splitting” technology solves a fundamental problem in the stablecoin market — the need to choose between using funds and earning income. When creating USST, users automatically receive YLD tokens representing the right to yield from underlying assets. This allows simultaneous participation in DeFi protocols using USST while continuing to earn income from Treasury bonds through YLD.
STBL holders will gain control over critical protocol parameters: reserve structure, fees, reward distribution, and risk policies. With a maximum emission of 10 billion tokens, STBL becomes an institutional-grade decentralized governance instrument.
The project differs from existing market stablecoin solutions. Unlike USDC and USDT, where yield remains with issuers, or DAI, where income “freezes” liquidity, STBL offers an elegant separation of functions. Compared to synthetic solutions like Ethena USDe, the project relies on traditional RWA backing, which is critically important for institutional participants.
The Binance Alpha listing marks a new era in stablecoin development, where institutional requirements for transparency and yield meet DeFi innovations. For early investors, this is a window of opportunity — to gain access to the governance token of an ecosystem that could redefine corporate liquidity management standards in the cryptocurrency space.
