STBL updates roadmap, anchoring mechanism expected to launch by the end of November
Jinse Finance reported that STBL founder Avtar Sehra stated on X that STBL is executing its roadmap as planned, focusing on delivery. STBL plans to gradually increase minting volume when it launches and calibrates its anchoring system at the end of November. Other items on the roadmap include: multi-staking; buyback (buyback with USST, enhancing USST yields through MFS); anchoring mechanism (expected to launch at the end of November and be calibrated in December); and the anchoring stability system (November/December). In the first month, STBL mainly focused on building and testing modules that support a sustainable market-driven system. November and December will mark the transition from building to balancing, as STBL will launch anchoring and enable market calibration.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IMF: Global debt will exceed GDP in 2029
The latest forecast from the IMF shows that global public debt will exceed 100% of GDP by 2029, two years earlier than previously expected. The IMF Managing Director issued a rare warning, specifically naming the United States’ debt path as “unsustainable” and pointing out that fiscal consolidation in various countries is seriously lagging. What's even more dangerous is that persistent inflation may force the Federal Reserve to continue raising interest rates, increasing financing costs and creating a vicious cycle of "high debt—high interest rates—even higher debt."
Report: Samsung’s HBM4/HBM4E production may double next year, with product share rising from 40% to 80%
Samsung is betting on AI storage chip upgrades: next year, the production of the HBM4 series may at least double, with overall HBM monthly wafer input increasing by nearly 40%. The share of high-end product shipments will jump from 40% to 80%. Glass substrate demand will increase fivefold in two years, reflecting accelerated capacity expansion of advanced stacking technology, with supply chain orders simultaneously benefiting.
Euro: Holds below 1.15 against US Dollar as yields rise - Danske Bank
