STBL just launched today, the governance token behind $USST, a new fully onchain stablecoin

Founder of STBL

The first reason I got interested in $STBL is the Founder & Chairman: @Reeve_Collins, who co-founded and was CEO of Tether / $USDT

He’s not only the founder of Tether, but also was the CEO during years, then quit and currently holds the following roles:

• ReserveOne executive chairman of a “digital reserve” public with a $1B+ deal, aiming to manage BTC, ETH, SOL + yield strategies in a regulated way
• M3-Brigade Acquisition V Corp CEO of this $1B-valued public company, with $250M+ raised.
• WeFi chairman & board. it’s a crypto bank for web3, blending fiat + crypto accounts, yield, and global spending with cards

The Team

It’s not just Reeve. The co-founders and core team bring serious firepower:

• Dr. Avtar Sehra (CEO) deep background in regulated financial products and tokenized assets. PhD in theoretical particle physics and a Master’s in computational engineering founded KAIO / Libre Capital, also he founded Nivaura, which specializes in tokenising issuance of financial instruments and automating primary markets workflows (perfect fit for STBL) Has worked in regulated roles with financial authorities; involved with MiFID / CASS regulation, and roles like MLRO / risk officer / director in regulated firms
• **Bundeep Singh Rangar (**Co-founder) Over 21 years in financial services, tech, media Founded PremFina (UK insurtech / premium finance), offering finance for insurance premiums via instalments CEO of Fineqia International, a digital asset + fintech investment business listed in Canada that invests in/blockchain & AI companies Raised hundreds of millions in equity / debt funding across UK, Europe, Canada, India

On top of the founder & co-founders, STBL has big strengths in operations and business growth. The COO, Sudeep Mehta, comes from strong finance / lending and treasury backgrounds and has a track record of executing complex product/risk operations. On the BD side, Joe Vollono, an Oxford alumnus, is leading ecosystem integrations and partnerships, exactly the roles that decide whether a stablecoin stays niche or becomes adopted broadly

Backed by Wave Digital Assets

STBL is backed by Wave Digital Assets, a Los Angeles–based, SEC-registered investment firm. Wave runs early-stage VC, asset management, and treasury strategies across crypto. They manage over $1B in assets, spun out of a $400M+ VC, and are known for risk-aware, regulated investing

Having Wave on board adds real weight: they bring capital, compliance credibility, and institutional networks. Exactly the kind of backer you want behind a new stablecoin that aims to go mainstream