USTB, by Stabolut
Stabolut was born late 2022 to reshape the financial world as we know it.
Based on the belief of a need for a decentralized economy, USTB 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. USTB is essentially designed to reflect the value of the $USD by using delta-neutral strategies at derivatives exchanges to maintain a steady value.
Asset-backed USTB 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.
USTB by Stabolut is the answer to the market’s needs: a stablecoin pegged to the USD value and backed by crypto, and non-reliant on any stored fiat currency.
And so they kickstarted Stabolut.
September 2022
Stabolut is born. The team starts developing USTB
December 2022
Dextools.io invests in Stabolut
February 2023
The tech developer team continues to expand
March 2023
Stabolut’s private Beta is launched
July 2023
Stabolut commences its SE roadshow and activation campaigns in Indonesia, Thailand, Korea and Singapore
The Founding Team
Eneko Knorr
COFOUNDER, CEO OF STABOLUT
With more than 25+ Years of setting up, managing and investing in tech startups in USA & EU: Silicon Valley, Spain. +10 years of Blockchain Technology experience, strong DeFi focus. Founder of 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 & EU: HK, Australia, Spain. Overall +10 years of DeFi experience and Advisor role on several AI 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. USTB is what we all were looking for.”
Frederic Fernandez, co-founder of Dextools.io
