BlockBeats News, February 13 — According to official sources, Decibel, an on-chain trading engine built on Aptos’ high-performance underlying infrastructure and co-incubated by Aptos Labs, announced a partnership with Stripe’s stablecoin infrastructure provider Bridge to launch the protocol’s native USD stablecoin USDCBL. This stablecoin will serve as Decibel’s default collateral asset to simplify unified collateral trading processes, improve Aptos ecosystem DeFi infrastructure, and strengthen Aptos’ core competitiveness in high-performance, institutional-grade on-chain trading scenarios. USDCBL will be issued through Bridge’s Open Issuance platform, fully backed by USD reserves. After Decibel’s mainnet launch, users can deposit USDC and convert it to USDCBL with a single click.
Currently, Decibel’s pre-deposit feature is officially live. According to official disclosures, within 12 hours of opening, over $42 million in funds have been deposited. The initial phase supports on-chain trading of perpetual contracts, with plans to gradually introduce spot and real-world asset (RWA) trading segments.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
21Shares Launches First US Spot Polkadot ETF on Nasdaq
21Shares listed the TDOT ETF on Nasdaq with a physically backed structure holding actual DOT tokens.
The ETF launched with about $11 million in seed capital and charges a 0.30% management fee, according to Eric Balchunas.
Polkadot plans a March update capping DOT supply at 2.1B tokens
CryptoFrontNews3m ago
'Not Bridges': Cardano Builder Highlights Vision for Direct Withdrawals - U.Today
Input Output Group announced the launch of USDCx on Cardano, a Cardano-native asset backed by USDC in Circle's xReserve. This integration enhances DeFi liquidity and enables seamless interaction between Ethereum and Cardano, despite some community criticism.
UToday4m ago
Circle completes $68 million in internal settlements among 8 entities using USDC within the first month
Circle CEO Jeremy Allaire revealed that Circle has completed internal entity transfers using USDC through the Circle Mint platform, transferring over $68 million in the first month, with significantly higher efficiency than traditional bank wire transfers. The platform will launch a fund management update in March to optimize account transfers and integrate with accounting system APIs.
GateNews9m ago
OpenSea introduces the Skill feature, enabling AI agents to query NFT data
Gate News Report, March 7th, OpenSea launched the Skill feature for AI agents. Users can query information such as NFTs, listings, and transactions through the terminal, or install it as a Skill to access OpenSea's on-chain data. This feature aims to provide AI agents with more powerful data access capabilities.
GateNews18m ago
Claude Code desktop version introduces local scheduled task feature
Gate News Announcement, March 7th, Claude Code core member Thariq tweeted that the desktop version of Claude Code has launched a local scheduled task feature. Users can create scheduled tasks and set them to run periodically; as long as the computer is awake, these tasks will continue to execute.
GateNews18m ago
