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STBL releases the latest progress, the anchoring mechanism will be launched at the end of November.
According to Mars Finance, STBL founder and CEO Avtar Sehra stated on X that its roadmap is progressing steadily. The minting feature has been launched, and the next step will be to introduce multiple staking options and a repurchase mechanism based on USST. The core anchoring system is expected to go live by the end of November, with market calibration completed in December. This system will achieve price stability through on-chain minting/burning ratios, an open redemption mechanism, and incentives for Liquidity Providers. The official stated that November to December will be a crucial phase from “construction” to “balance,” as STBL aims to create an anti-fragile, market-driven stablecoin system referred to as “Stablecoin 2.”