STBL, a decentralized finance protocol focused on stablecoin and real-world asset (RWA) infrastructure, released an official statement addressing recent speculation circulating on social media about its token operations and ecosystem activities.
In the statement, the team denied any link between the token and market rumors involving entities such as Wintermute. It emphasized that no team or investor wallets have transferred or sold tokens to exchanges, reaffirming that all allocations remain subject to on-chain vesting schedules.
STBL said fewer than 5% of unlocked tokens will be used for operations this quarter, maintaining what it called a “disciplined supply structure” with buybacks and burns planned to sustain deflationary pressure.
The team also clarified distinctions between its governance token, STBL, and its upcoming RWA-backed stable asset, USST. The latter, which is in final audit and testing stages, is designed to launch on October 10 with collateral composed of tokenized U.S. Treasuries and money-market funds. According to the update, STBL will begin buybacks of up to $1 million per month starting October 31 and target $100 million in USST mints by year-end.
STBL seeks third-party audit amid attack claims
To address allegations of inorganic activity, STBL noted that it has commissioned a third-party blockchain intelligence firm to investigate what it described as an “orchestrated attack campaign.” The findings will be published after completion. The team added that all partnerships and marketing campaigns are publicly disclosed and “product-led,” focusing on institutional integrations rather than hype-based promotions.
The announcement comes as STBL readies its entry into the growing RWA-backed stablecoin sector with USST, joining a wave of DeFi players merging tokenized credit and traditional finance. Its on-chain transparency push contrasts with peers facing scrutiny over treasury management and credibility.
By emphasizing audits and separating governance from collateralized assets, the token aims to present a structured alternative in a speculation-driven sector. Whether this transparency effort restores confidence before the USST launch remains uncertain.
Also read: Mirae Asset Taps Avalanche for RWA Tokenization in TradFi Push
