Decibel, incubated by Aptos, launched its native protocol stablecoin USDCBL before going live on the mainnet

MarsBitNews · 2026-02-13T03:16:44+00:00

Decentralized derivatives exchange Decibel announces the launch of its native protocol stablecoin USDCBL, used as collateral for perpetual contracts. The token is issued by Bridge, with reserves backed by cash and short-term U.S. Treasury bonds. The proceeds will be used for protocol development and ecosystem building. Users need to convert USDC to USDCBL for trading, emphasizing its role as infrastructure rather than just a new stablecoin.

MarsBitNews

2026-02-13 03:16:44

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According to Mars Finance, sources from the market indicate that Decibel, a decentralized derivatives exchange incubated by Aptos Labs, announced the launch of its native protocol stablecoin USDCBL ahead of its mainnet launch this month. The token is issued by Bridge and is intended to serve as collateral for on-chain perpetual contracts, with the proceeds from cash and U.S. Treasury reserves retained within the protocol. Decibel stated that after users go live, they need to deposit USDC and follow the process to exchange it for USDCBL for trading. The USDCBL reserve is supported by a mix of cash and short-term U.S. Treasuries, with the reserve earnings used for protocol development and ecosystem building to reduce reliance on trading fees and incentive programs. The foundation emphasized that this move is not “issuing another stablecoin,” but rather positioning USDCBL as a core infrastructure for exchanges.

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