The post Aptos Decibel USDCBL Stablecoin Launch appeared on BitcoinEthereumNews.com. Aptos-Based Decibel’s USDCBL Stablecoin Initiative Decibel Foundation is introducingThe post Aptos Decibel USDCBL Stablecoin Launch appeared on BitcoinEthereumNews.com. Aptos-Based Decibel’s USDCBL Stablecoin Initiative Decibel Foundation is introducing

Aptos Decibel USDCBL Stablecoin Launch

Aptos-Based Decibel’s USDCBL Stablecoin Initiative

Decibel Foundation is introducing the protocol-native stablecoin USDCBL issued by Bridge ahead of the February mainnet launch of the decentralized derivatives exchange in the APT detailed analysis ecosystem. According to Cointelegraph, this USD-collateralized token will be used as collateral for on-chain perpetual futures trading. It aims to keep the reserve economy within the protocol without depending on third-party stablecoin issuers. Supported by Aptos Labs incubation investment, Decibel plans to launch the full on-chain perpetual futures platform with a single cross-margin account this month. The December testnet attracted over 650,000 unique accounts and more than 1 million daily transactions, but the data has not been independently verified.

At launch, users will deposit USDC and convert to USDCBL; the token will be backed by cash and short-term US Treasury bills via Bridge’s Open Issuance platform. The generated yield will stay with the protocol, reducing reliance on trading fees. The foundation defines USDCBL not as an independent retail token but as exchange infrastructure. This reflects the trend of ecosystem-native stablecoins like Hyperliquid’s USDH, JPMorgan’s JPM Coin, and PayPal’s PYUSD.

Source: Bridge

Source: DefiLlama

APT Technical Analysis and Support/Resistance Levels

Current APT price is $0.91, down -3.83% in the last 24 hours, in a downtrend. RSI at 24.06 is in the oversold region, with recovery potential above EMA 20: $1.2198. Supertrend is giving a bearish signal.

  • Supports: S1 $0.8930 (81/100 ⭐ Strong, -1.33% distance), S2 $0.8047 (54/100 medium, -11.08%)
  • Resistances: R1 $1.0870 (63/100 ⭐ Strong, +20.11%), R2 $0.9213 (59/100 medium, +1.80%)

These levels are critical for APT futures; the mainnet launch may increase volatility.

Crypto Research Analyst: Michael Roberts

Blockchain technology and DeFi focused

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/aptos-decibel-usdcbl-stablecoin-launch

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