On Chain Notes

1.4K posts

On Chain Notes

On Chain Notes

@On_Chain_Notes

Documenting my $STBL journey. Long-term holder. Sharing research & thoughts ! I don’t answer in DM

Katılım Haziran 2024
65 Takip Edilen147 Takipçiler
Sabitlenmiş Tweet
On Chain Notes
On Chain Notes@On_Chain_Notes·
🚨 Over the past few days, three articles have been co-written with @Pauldubois ! We can't guarantee STBL's success, but we'll give you the keys to understanding why @stbl_official has the potential to be one of the big winners of the next cycle. In some cases, price is just noise, and the real added value is what's being built behind the scenes. This is where $STBL stands today. So, forget about the price and immerse yourself in reading about the future of finance 1⃣ - The balance Sheet Thesis or why STBL is the AWS of stablecoins x.com/On_Chain_Notes… 2⃣ - The Wooden Dollar and why STBL is quietly rebuilding how institutional yield moves x.com/On_Chain_Notes… 3⃣ - When hundreds of companies run on STBL x.com/On_Chain_Notes… @avtarsehra @Reeve_Collins @bundeep @rjvollono @BrianneFrey @Mrbullemmy @Trail2Crypto @gemhunter2_0 @CryptoGems100YT
On Chain Notes@On_Chain_Notes

x.com/i/article/2075…

English
8
4
20
1.5K
On Chain Notes retweetledi
AIBC World
AIBC World@AIBC_World·
Before stablecoins were a $307 billion market, @Reeve_Collins built the first one. Now he is building what comes next. Find him on stage at AIBC World. 📅 02–05 November 2026 📍 @FieraRoma #AIBCWorld
AIBC World tweet media
English
1
1
5
187
On Chain Notes
On Chain Notes@On_Chain_Notes·
@maximus_mva I agree! $1-$4 was my target before going into details. $1 is realistic, $4 becomes fictional
English
0
0
1
12
maximus
maximus@maximus_mva·
@On_Chain_Notes after this breakdown, $4 honestly reads like fiction, not a target
English
1
0
1
26
On Chain Notes retweetledi
STBL
STBL@stbl_official·
What does it take for digital assets to move from a volatile asset class to institutional-grade financial infrastructure? At Proof of Talk 2026, Paris, STBL Co-Founder and CEO @avtarsehra joined industry leaders to unpack exactly that - from the resilience of on-chain infrastructure to the accelerating institutional shift toward tokenization. The industry's risk management and settlement infrastructure has proven itself, and that's why traditional institutions are now moving on-chain with conviction. Capital is flowing into real-world assets, tokenized equities, and compliant on-chain products - and the question is no longer whether to tokenize, but what to build with these assets on-chain. This is the paradigm STBL is built for: infrastructure that effectively manages stability, yield, and risk, so institutions and ecosystems can put RWAs to work on rails designed for the next generation of finance. Watch the full discussion: youtube.com/watch?v=hcHiqY…
YouTube video
YouTube
English
11
56
323
44.4K
On Chain Notes
On Chain Notes@On_Chain_Notes·
@mika8002 There are still many uncertainties. This is just a projection pending more concrete information from the team.
English
0
0
1
25
On Chain Notes
On Chain Notes@On_Chain_Notes·
🚨 Everyone has a price target. Nobody does the arithmetic. So I did: one mature ESS is worth about 7 cents on the token. For $1, STBL needs 15 ESS. Today it has one, and it hasn’t launched. The full maths tomorrow
English
0
0
4
194
On Chain Notes
On Chain Notes@On_Chain_Notes·
@Prof_Abdulsalam @stbl_official Well put. And the design has a legal edge too: GENIUS bans payment stablecoins from paying their holders. The split isn’t just clean, it’s the structure that makes it work
English
0
0
0
9
Abdulsalam
Abdulsalam@Prof_Abdulsalam·
With USST, the stable asset stays focused on payments and utility, while the yield generated by the underlying tokenized real-world assets remains with the minter. Instead of trying to make one asset do everything, @stbl_official separates responsibilities so each part of the system has a clear purpose. That's a practical way of aligning value creation with the people participating in the ecosystem. It's the kind of infrastructure that make on-chain finance more efficient as adoption continues to grow. √ Check more details: dapp.stbl.com
STBL@stbl_official

If value is created onchain, the participants creating that value should be able to retain it. USST is designed so that the yield generated by the underlying tokenized real-world assets remains with the minter, while the stable asset stays optimized for payments and utility. Explore more: dapp.stbl.com

English
49
7
262
5.6K
Marik 🦖🔴🔴🔴
Marik 🦖🔴🔴🔴@mika8002·
More on @stbl_official : USST keeps the stable asset usable YLD keeps the yield rights separate That simple split is what makes Stablecoin 2.0 different 👇
Marik 🦖🔴🔴🔴@mika8002

This is why I’m watching @stbl_official Q3 roadmap: the thesis is bigger than one stablecoin USST is the open base layer RXUSD is the first ecosystem-specific stablecoin example sRXUSD adds a yield-bearing layer on top of RXUSD The next question is how STBL takes this model beyond one ecosystem: different collateral, different liquidity needs, different users, same Stablecoin 2.0 framework That is where it starts looking like infrastructure, not just a product @stbl_official

English
7
1
13
526
On Chain Notes
On Chain Notes@On_Chain_Notes·
@mika8002 @stbl_official Q2 proved the model works once. Q3 has to prove it repeats, and that’s the whole difference between a product and infrastructure
English
0
0
1
17
Marik 🦖🔴🔴🔴
Marik 🦖🔴🔴🔴@mika8002·
This is why I’m watching @stbl_official Q3 roadmap: the thesis is bigger than one stablecoin USST is the open base layer RXUSD is the first ecosystem-specific stablecoin example sRXUSD adds a yield-bearing layer on top of RXUSD The next question is how STBL takes this model beyond one ecosystem: different collateral, different liquidity needs, different users, same Stablecoin 2.0 framework That is where it starts looking like infrastructure, not just a product @stbl_official
Marik 🦖🔴🔴🔴 tweet media
STBL@stbl_official

x.com/i/article/2075…

English
15
0
32
1.2K
On Chain Notes
On Chain Notes@On_Chain_Notes·
The supply curve is the real signal here, 3M to 5.22M in two weeks means people are holding, not just minting and dumping. On your obstacle question: liquidity. Regulation is clarifying and trust follows the audits, but a dollar with nowhere to go stays a savings account. Integrations are the unlock.
English
0
0
0
2
pavel maslov
pavel maslov@StMaslov07·
RWA just got a serious liquidity upgrade on Stellar 👀 Meet USST - STBL's new institutional Stablecoin 2.0, backed by tokenized real-world assets instead of idle cash. As of July 13, 2026: 💵 $5.22M USST in circulation 🛡️ $5.29M in collateral 📈 101.31% backing ratio (verified on-chain) Here's what makes it different 👇 Instead of locking capital in a non-yielding stablecoin, institutions deposit yield-bearing RWAs like USDY (and soon BENJI by Franklin Templeton), mint USST, and continue earning the underlying yield while using USST for payments, settlement, collateral, and DeFi. 💡 Spend the stablecoin. Keep the yield. That's a completely different capital efficiency model. USST supply has already grown from roughly $3M at launch (July 1) to $5.22M in less than two weeks. If tokenized Treasuries become productive collateral instead of idle assets, this could become one of the biggest RWA use cases on Stellar. Now the real question... 🤔 If you could earn yield AND keep full liquidity, why would you hold a traditional stablecoin instead? And another one: 🚀 Do yield-backed stablecoins eventually replace USDC/USDT for institutional capital, or do they remain a niche product? What's the biggest obstacle to mass adoption: • Regulation? • Trust? • Liquidity? • Something else? Drop your thoughts below 👇 @stbl_official @StellarOrg
pavel maslov tweet mediapavel maslov tweet mediapavel maslov tweet mediapavel maslov tweet media
pavel maslov@StMaslov07

🚨 Free Genesis Points. Zero Capital Required Most people will discover RXUSD after Mainnet. The smart ones are getting positioned before it. Right now, RXUSD has opened Genesis Phase 0, and it takes less than 5 minutes to secure your spot. Here's everything you need to know 👇 ━━━━━━━━━━━━━━━━━━━━━━ 🎁 What do you get today? Simply registering gives you: ✅ 10 Genesis Points 🚀 +100 Early Bird Genesis Points 🔓 Access to the Genesis Dashboard 🎟️ Exclusive Testnet participation ━━━━━━━━━━━━━━━━━━━━━━ ⚡ How to Join (2–5 Minutes) 1️⃣ Visit 👉 #register" target="_blank" rel="nofollow noopener">getrxusd.com/incentives#reg… 2️⃣ Connect your wallet 3️⃣ Add X Layer** (if needed) RPC is available on the official X Layer documentation. 4️⃣ Confirm Genesis Points are credited automatically. Done. ━━━━━━━━━━━━━━━━━━━━━━ 🏆 Why are Genesis Points important? According to the project, Genesis Points are designed to reward early participants throughout the ecosystem. Future phases are expected to include: • higher earning tiers • ecosystem incentives • staking rewards • additional Genesis campaigns Early users usually receive the biggest advantages. ━━━━━━━━━━━━━━━━━━━━━━ 🗺️ What's Coming Next? Phase 0 (Current) ✅ Registration ✅ Genesis Points ✅ Early Bird Bonus ↓ Phase 1 Hold RXUSD ↓ Earn more Genesis Points ↓ Unlock higher reward tiers ↓ Phase 2 Stake RXUSD → sRXUSD ↓ Institutional RWA Yield ↓ Additional ecosystem incentives ━━━━━━━━━━━━━━━━━━━━━━ 💰 Why RXUSD stands out Unlike most stablecoins that rely solely on DeFi lending, RXUSD generates yield from real-world institutional assets. ✔ Tokenized Money Markets ✔ Private Credit ✔ Institutional Infrastructure ✔ Target illustrative yield: 5–7% APY ━━━━━━━━━━━━━━━━━━━━━━ ⚠️ Before You Register • No KYC during Phase 0 • Some jurisdictions (including the US) are restricted • Check the official disclaimer before participating ━━━━━━━━━━━━━━━━━━━━━━ 📈 My Take This is exactly the type of opportunity I like: ✔ Free to join ✔ Takes only a few minutes ✔ Strong institutional backing ✔ You're participating before Mainnet The earlier you enter, the more optionality you create for future reward campaigns. If you haven't joined yet... Now is probably the easiest time.👇 How many Genesis Points did you receive? @stbl_official

English
31
1
49
468
On Chain Notes
On Chain Notes@On_Chain_Notes·
@Shtihmas11 @stbl_official Nice breakdown. The 70/30 isn’t arbitrary: T-bills for liquidity and redemption, private credit for the yield. Two jobs, two sleeves
English
0
0
0
16
Shtihmas (❖,❖)
Shtihmas (❖,❖)@Shtihmas11·
RXUSD Collateral Structure @stbl_official Every RXUSD is backed by a smart 70/30 collateral mix: - 70% in regulated USDG (backed by U.S. Treasuries) - 30% in Hamilton Lane senior-secured private credit. All assets are held over-collateralized in STBL vaults, with yield cleanly separated from the stable principal. Full breakdown in the infographic below 👇
Shtihmas (❖,❖) tweet media
Shtihmas (❖,❖)@Shtihmas11

RXUSD: The Two Phases Explained @stbl_official RXUSD launches in two phases with different yield mechanics. - In Phase 1 - (live now), Institutions mint RXUSD and receive a YLD NFT that carries the yield from the collateral. - In Phase 2 - Staking goes live. Users stake RXUSD into sRXUSD, and the yield is pooled and redirected to stakers instead. The same collateral continues generating real returns - only the destination of the yield changes. Watch the full breakdown below 👇

English
5
0
14
247
On Chain Notes
On Chain Notes@On_Chain_Notes·
@maximus_mva Strong framing. Worth adding the piece that makes it legally possible: RXUSD itself doesn’t pay you, the yield sits in a separate instrument. Under the GENIUS Act, a payment stablecoin can’t pay its holder. So the split isn’t just a design choice, it’s the structure.
English
0
0
1
7
maximus
maximus@maximus_mva·
A DOLLAR THAT PAYS YOU, NOT THE ISSUER USDC and USDT keep the reserve yield for themselves You hold their dollar. They keep your return RXUSD flips that It's the first Ecosystem Specific Stablecoin built on STBL. Tailored to X Layer and OKX Every RXUSD is backed by more than $1: → 70% USDG from Paxos. Cash and T bills at DBS Bank. ~4-5% APR → 30% Hamilton Lane SCOPE. Senior secured private credit. ~8-10% APR On the surface, just a stable dollar. Trading, payments, liquidity Under the hood, real cash flow. Doesn't care if crypto is pumping or dumping Are your stablecoins actually earning for you, or just sitting there? @stbl_official @Reeve_Collins
maximus@maximus_mva

RXUSD ISN’T THE PRODUCT THE FACTORY BEHIND IT IS Most people saw the launch and thought “another stablecoin on X Layer” Kept scrolling Here’s what actually matters: STBL built it so users can earn yield from real assets The protocol takes a fee on top of that The bigger the collateral grows, the more revenue the protocol makes One factory Multiple ecosystem-specific stablecoins RXUSD is just the proof of concept built for X Layer and distributed through OKX $STBL sits on top of the whole thing as the governance and value accrual token No hype Just how it works @stbl_official

English
10
5
30
1.5K
On Chain Notes
On Chain Notes@On_Chain_Notes·
@Prof_Abdulsalam @stbl_official Nicely put. The through line is composability, a treasury, a payment rail and a lending market all need the same thing from a dollar: that it behaves like one. That’s the design constraint everything else follows from
English
0
0
0
2
Abdulsalam
Abdulsalam@Prof_Abdulsalam·
A stablecoin becomes more valuable when it solves real problems. That's the direction @stbl_official is taking with RXUSD. Rather than building a stablecoin for a single purpose, STBL is designing RXUSD to support practical use cases across both institutional finance and DeFi. Here's what that looks like: → Institutional Treasury Management Helping institutions move and manage capital on-chain through stable, transparent infrastructure. → Payments & Trading Providing a stable asset that supports everyday transactions and efficient trading across the ecosystem. → DeFi Composability Designed to integrate across lending, liquidity, and other on-chain applications, giving builders and users greater flexibility. Why this matters Different participants have different needs. • Institutions need reliable infrastructure to bring capital on-chain. • Builders need a stable asset that can integrate into the applications they create. • Users need a stablecoin that works across the DeFi ecosystem, not just one platform. STBL is creating infrastructure that goes beyond stability. It's about making stable assets more practical, more connected, and more useful for everyone participating in the on-chain economy.
Abdulsalam tweet media
English
68
6
189
6K
On Chain Notes
On Chain Notes@On_Chain_Notes·
@Prof_Abdulsalam @stbl_official Good read of the quarter. The audits are the part that gets least attention and matters most, three of them shipped while everyone was watching the testnet numbers. Foundations first, adoption next. That order is the whole point.
English
0
0
0
0
Abdulsalam
Abdulsalam@Prof_Abdulsalam·
Q2 wasn't just about shipping new features. It showed how each milestone fits into @stbl_official bigger vision of building institutional-grade stablecoin infrastructure. The launch of RXUSD as the first Ecosystem Specific Stablecoin is a great example. Instead of taking a one-size-fits-all approach, it's designed around the needs of a specific blockchain ecosystem, combining institutional-grade real-world assets with ecosystem-native utility. The strong response to the Genesis Points Program, with over 17K registrations and 12K+ wallets minting Test RXUSD, shows there's real interest in this direction. Beyond product launches, STBL also strengthened the foundation through independent security audits while expanding Stablecoin 2.0 to Stellar, bringing compliant RWA-backed infrastructure to another major network. With Q3 focused on expanding the Stablecoin 2.0 ecosystem and bringing more institutional capital on-chain, I believe STBL has built the right foundation to take the next step. Looking forward to seeing how STBL continues turning this vision into reality.
STBL@stbl_official

x.com/i/article/2075…

English
82
8
323
7.8K
On Chain Notes
On Chain Notes@On_Chain_Notes·
@gemhunter2_0 @thebu11runner Triple win is a fair way to put it. And the reason it works: YLD takes the yield, so USST stays a plain dollar you can actually spend. That’s the whole design
English
0
0
1
6
Lycan
Lycan@gemhunter2_0·
Very well put together. It's a win win. Win for those using the metrics of $USST and $YLD aka earning yield on the underlying RWA assets ($USDY for now on Stellar) while having a spendable liquid Stablecoin for payment rails etc... and a win for the chain adoption for Stellar aka a win for $XLM .. triple win even! 😁🤝 You guys can check n mint $USST on Stellar via stellar.stbl.com
English
4
0
9
105
Lycan
Lycan@gemhunter2_0·
You are mixing things up. The ongoing testnet is for Xlayer launch $RXUSD. on stellar you need the native token $XLM for chain transaction costs and minting is already live! For the $RXUSD testnet mint you can get your OKB here: web3.okx.com/xlayer/faucet/… Dont fall for any scam. You can even Google it yourself to be safe! Once you minted free OKB for your wallet on the Xlayer testnet you can register your wallet on getrxusd.com And then you can mint testnet $USDG and $SCOPE to then mint $RXUSD with it.
English
3
0
3
37
STBL
STBL@stbl_official·
If value is created onchain, the participants creating that value should be able to retain it. USST is designed so that the yield generated by the underlying tokenized real-world assets remains with the minter, while the stable asset stays optimized for payments and utility. Explore more: dapp.stbl.com
Stellar@StellarOrg

"The ecosystems creating the value should be able to participate in the value." That's the goal of @stbl_official's USST, live on Stellar. Via @FINTECHTVglobal.

English
12
27
230
51.3K
On Chain Notes
On Chain Notes@On_Chain_Notes·
@maximus_mva RXUSD is the proof of concept, not the product. That’s the whole thesis. One factory, many dollars, a fee on all of it. Good breakdown.
English
0
0
1
7
maximus
maximus@maximus_mva·
RXUSD ISN’T THE PRODUCT THE FACTORY BEHIND IT IS Most people saw the launch and thought “another stablecoin on X Layer” Kept scrolling Here’s what actually matters: STBL built it so users can earn yield from real assets The protocol takes a fee on top of that The bigger the collateral grows, the more revenue the protocol makes One factory Multiple ecosystem-specific stablecoins RXUSD is just the proof of concept built for X Layer and distributed through OKX $STBL sits on top of the whole thing as the governance and value accrual token No hype Just how it works @stbl_official
Trail2Crypto@Trail2Crypto

x.com/i/article/2075…

English
15
6
41
2.3K

Keşfet

@Reeve_Collins @FieraRoma @maximus_mva @stbl_official @avtarsehra @mika8002 @Prof_Abdulsalam @Trail2Crypto