Getting Started With Stable
Issuing assets is a core feature of Stable Labs: any real-world asset can be tokenized on the platform, tracked, stored, and exchanged safely and effectively. These assets can be any kind of financial instrument, including listed securities (bonds, stocks, ETFs, or commodities), fiat currencies (USD, EUR, and CZK and others...), or other valuable financial assets. Assets can be issued by any user who has a Stable Labs account, allowing banks, financial organizations, companies, and individuals to take part.
On Stable Labs, issuing an asset is simple and requires a small number of steps. On the other hand, users must take into account aspects like controlling asset supply, guaranteeing compliance, and publishing asset information—all of which are addressed in our documentation. Since each asset on the Stable Labs platform can be uniquely identifiable by its asset code and issuer, tokens representing the same asset type can be issued by various organizations.
Stable Labs connects traditional banking and blockchain technology by offering a strong framework for asset tokenization, opening up new avenues for financial innovation.
Stablecoins
Stablecoins leverage blockchain technology to improve traditional financial services, bringing stability, security, and innovation to centralized finance. Stable Labs supports fully compliant and backed stablecoins governed and licensed in the European Union. Some of the supported stablecoins are:
USDI: Backed 1:1 by the US dollar.
EURI: Backed 1:1 by the Euro.
CZKI: Backed 1:1 by the Czech Koruna.
Other currencies will be added along the way.
Stablecoins offers secure onboarding and offboarding procedures to and from supported currencies for fast and secure redemption. Businesses, governments, and developers can integrate them into various financial services and tasks, including money transfers, payments, settlements, and other applications.
Platform for Tokenization
Stable Labs makes it possible to digitize listed securities including bonds, stocks, and exchange-traded funds (ETFs). Traditional market assets can be tokenized and used by users in the blockchain and DeFi industries. Important characteristics consist of:
Real World Asset (RWA) coins are constructed using the ERC-20 standard.
Price Pegging: The cost of the underlying asset determines the price of each token.
Redemption: The worth of the assets that tokens stand for can be obtained by redeeming them.
Proof of Reserve: Chainlink's Proof of Reserve Reports, which are audited by an impartial third party, provide information about backing assets.
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