STBL Launches USST Stablecoin on Stellar Backed by Tokenized Treasury Asset USDY

STBL launched its institutional stablecoin, USST, on the Stellar network on July 1, 2026, backed by real-world assets with tokenized Treasury asset USDY as the initial minting collateral. According to Odaily, USST is built on STBL’s Stablecoin 2.0 infrastructure. STBL said market participants can deposit eligible real-world assets, including tokenized Treasuries or money market funds, to mint USST. The company said the stablecoin supports settlement, collateral mobility, and cross-border payments. STBL also said it plans to add Franklin Templeton’s BENJI as a second collateral option, but has not set a launch date for BENJI collateral integration. STBL did not disclose the initial minting size of USST on Stellar.