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PANews
PANews|Feb 13, 2026 03:03
[Decibel, incubated by Aptos, launches native stablecoin USDCBL ahead of mainnet launch] According to Cointelegraph, Decibel, a decentralized derivatives exchange incubated by Aptos Labs, announced the launch of its native stablecoin USDCBL ahead of its mainnet launch this month. The token, issued by Bridge, is designed to serve as collateral for on-chain perpetual contracts, with the proceeds from cash and U.S. Treasury reserves retained within the protocol. Decibel stated that after the platform goes live, users will need to deposit USDC and follow the process to exchange it for USDCBL for trading. USDCBL reserves are backed by a mix of cash and short-term U.S. Treasury bonds, with reserve yields allocated for protocol development and ecosystem construction, aiming to reduce reliance on trading fees and incentive programs. The foundation emphasized that this move is not about "issuing another stablecoin," but rather positioning USDCBL as core infrastructure for the exchange.
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