OKX Ventures To Launch First Ecosystem-Specific Stablecoin ESS on X Layer

BlockBeats News, February 12, OKX Ventures announced a strategic investment in the next-generation stablecoin and yield infrastructure provider STBL. Additionally, STBL also announced partnerships with private market investment firm Hamilton Lane (HLNE) and digital securities issuance and tokenization platform Securitize. STBL will launch the first ecosystem-specific stablecoin ESS on X Layer, leveraging its dual-token architecture to separate liquidity provisioning from yield generation, with the stablecoin backed by real-world assets.