USB, by Stabolut
Stabolut was born to reshape the financial world as we know it.
Based on the belief of a need for a decentralized economy, USB started taking shape to address the markets shortcomings, and to pose a series of solutions: reduced dependence on central authorities, trustless transactions, censorship resistance, global accessibility and decentralized governance.
Taking the world by storm
All in all, a truly decentralized stablecoin. USB is designed to reflect the value of the US dollar by using delta-neutral strategies at derivatives exchanges.
Crypto-backed USB eliminates the need for bank accounts, ensuring immunity from crackdowns or frozen funds, and bolstering what is ultimately important: your privacy.
The Story
How did it all start?
Eneko and Julian teamed up to solve CeFi’s unrelenting challenges: the world needs better financial solutions, without dependencies on banks, low transaction fees and instant global payments.
Two seasoned tech entrepreneurial heads with decades of expertise across international markets.
USB by Stabolut is the answer to the market’s needs: a stablecoin pegged to the USD, backed by crypto, and non-reliant on any stored fiat currency.
And so they kickstarted Stabolut.
The Founding Team
Eneko Knorr
COFOUNDER, CEO OF STABOLUT
More than 25 years of setting up, managing and investing in tech startups in Silicon Valley and Europe.10+ years in crypto, strong DeFi focus. Co-founded Onyze, the main Crypto Custodian in Spain.
Julian Beltran
COFOUNDER, CTO OF STABOLUT
Serial entrepreneur and tech consultant, with a special focus on market making in SE Asia & Europe. Overall 10+ years of crypto experience and advisor at several projects. Blockchain + AI tech focus.
We are hiring. Join the Stabolution!
Stabolut is backed by the founders of the leading platform for DEX traders, with 50 million monthly users.
“Following the collapse of FTX, Silvergate Capital, Silicon Valley Bank (SVB), and many other CeFi platforms in 2022, it is evident that DeFi and the entire crypto industry need better ways to safeguard users’ funds and, most importantly, restore their trust. USB by Stabolut is what we all were looking for.”
Frederic Fernandez, co-founder of Dextools.io
