Franklin Templeton Makes $100M USST Mint Move on STBL - Major TradFi Embrace

Wall Street meets crypto—again. Franklin Templeton just dropped a nine-figure bomb on the stablecoin space.

Breaking the Bank

The $100 million USST mint isn't just a test—it's a statement. Traditional finance isn't dipping toes anymore; it's diving headfirst into on-chain liquidity. No more cautious pilot programs or timid allocations.

STBL's New Heavyweight

Franklin's move signals institutional-grade confidence in decentralized stablecoin mechanisms. They're not just playing with pocket change—this is real capital deployment that'll ripple across DeFi lending pools and liquidity markets.

Because nothing says 'we believe in crypto' like committing real money while traditional bankers still argue about blockchain versus SQL databases.

STBL trades near all-time high

STBL retained most of its post-launch gains. The token is still trading around $0.18, expanding by 323% since its launch. 

The token still relies on spot markets and has limited derivative positions. Despite the high-profile launch, the token still has only 7,512 holders. Additionally, the low float is raising doubts about the price sustainability. 

STBL trading also still relies heavily on PancakeSwap. The token’s top trader realized $3.1M in gains after rapid initial selling, while the second-best trader extracted $2.7M. The token still has around $3.2M in its biggest liquidity pool. STBL still awaits more listings, as it only has Binance Alpha status, with no full spot listing. The token expects to significantly increase its float in the next 12 months, to 36% of the total supply. 

On-chain analysts also noted that the STBL token is not entirely transparent about ownership, locked tokens, and selling pressure. Not all wallets are labeled, and there are signs that some of the market makers sold STBL early, locking in profits. For now, those activities have not crashed STBL, but have been pointed out as a warning. 

STBL is one of the latest major projects to choose BSC for its launch. The token’s TGE preceded another BNB rally, adding to the bullish factors. Following the launch of several high-profile tokens, Binance’s native coin broke its record at over $1,003. Recently, Franklin Templeton also announced a partnership with Binance, expanding the reach of tokenized funds.

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