STBL (STBL) rose 18.36% in the last 24 hours.

Gate News Bot news, on November 25, according to CoinMarketCap, as of the time of writing, STBL (STBL) is currently priced at $0.06, with an 18.36% rise in the last 24 hours, reaching a high of $0.08 and a low of $0.05. The current market capitalization is approximately $322,000, an increase of nearly $50,000 compared to yesterday.

Important news about STBL recently:

1️⃣ STBL integrates Ondo's USDY, redefining stablecoin yield generation methods STBL announced the integration of Ondo's USDY stablecoin, aimed at providing a new yield generation mechanism for STBL holders. This innovative integration is expected to enhance the utility and attractiveness of STBL, supporting its price rise.

2️⃣ STBL is moving towards “Stablecoin 2.0”, with multiple exchanges listing it STBL is accelerating its evolution towards the “stablecoin 2.0” concept through new listings on multiple exchanges and system integration. This strategic move helps to expand STBL's market coverage, enhance its liquidity and use cases, thus driving its value rise.

3️⃣ Franklin Templeton mints USST stablecoin from STBL The well-known asset management company Franklin Templeton has chosen to mint its USST stablecoin from STBL. This move not only demonstrates institutional trust in STBL but also brings more application scenarios and potential demand for STBL, which may be one of the important factors driving its recent price rise.

The positive developments of STBL demonstrate its advantages in stablecoin innovation and institutional collaboration, which may be key factors driving its 18.36% rise in the last 24 hours. However, the stablecoin market is highly competitive, and investors still need to closely monitor market trends and potential risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.