According to Odaily Planet Daily, the stablecoin protocol STBL, launched by Tether co-founder Reeve Collins, has completed its seed round of financing led by Wave Digital Assets and has been listed on Binance Alpha and Kraken. The protocol has also disclosed its next steps, including:

1. A governance framework will be introduced to enable token holders to directly participate in the development of the protocol. Governance integration will enable the community to influence key decisions such as upgrades, parameters, and fund management.

2. We will focus on completing the USST bridge construction to achieve interoperability across multiple networks;

3. A staking mechanism will be introduced into the ecosystem. This initiative will be launched soon to create opportunities for revenue generation and user participation. (Globe newswire)