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
Encryption Supremacy: Zcash and Privacy in the Age of Scale
The essay discusses advancements in machine learning for Bitcoin transaction classification, highlights Zcash's increasing use of shielded transactions, and outlines the growth of decentralized liquidity in bypassing KYC. It also covers Zcash's post-quantum initiatives and its recent organizational restructuring.
CoinDesk4h ago
Aave loses key risk manager, Chaos Labs, amid contributor exodus and disputes
Chaos Labs is exiting Aave, highlighting internal friction over the protocol's evolving strategy and a misalignment in risk management. Despite its successful track record, the firm cites unsustainable economics and increased operational complexity as reasons for departure, raising concerns about Aave's future risk management.
CoinDesk5h ago
Polymarket reveals a 'full exchange upgrade' to take control of its own trading and truth
Polymarket plans to launch a new USDC-backed collateral token, Polymarket USD, as part of a comprehensive platform upgrade. This move aims to enhance control over settlement and liquidity. The potential introduction of a POLY token for governance could further refine market integrity, following controversies in its current governance system.
CoinDesk5h ago
Io.net Targets AI Cloud Costs With Decentralized GPU Network
Io.net offers a decentralized solution for AI computing, addressing the rising costs faced by developers. It provides affordable, on-demand GPU capacity, aiming to bridge the gap for smaller innovators in a market dominated by high expenditure.
BlockChainReporter5h ago
Polymarket will roll out its V2 trading engine and its native stablecoin, Polymarket USD, within the next 2–3 weeks.
Polymarket announcement: a major upgrade is planned in the next 2–3 weeks, including rebuilding the trading engine, introducing Polymarket USD, optimizing order-matching efficiency, and more. This upgrade is the largest scale since the platform launched, and it will improve trading efficiency while reducing users’ concerns about non-official assets.
GateNews6h ago
