Transforming Metal Markets: How STBL is Pioneering Green Investments with a Metal-backed Stablecoin

Coinstore
4 min readOct 11, 2024

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What is STBL and what does it solve?

STBL (Stable Metal) is a sustainable cryptocurrency stablecoin backed by precious metals found within a unique slag deposit that has remained untouched for over 1400 years. Instead of environmentally harmful mining, STBL leverages the intrinsic value of the metals, including gold, silver, copper, platinum, and palladium, within this slag to create a stable and transparent digital asset. It offers a low-risk entry point for average investors to participate in the metal market through tokenized investments, all while promoting environmental sustainability. By integrating NFTs to represent metal packages, STBL enables users to collect, trade, or even exchange these NFTs for real metal ingots, adding a tangible value layer to the digital ecosystem. Additionally, the project’s decentralized metal exchange allows users to buy and sell extracted metals at market prices, with a percentage of each transaction supporting liquidity, thereby making metal investments more accessible, eco-friendly, and profitable.

Token Overview

  • Token name: Stable Metal Coin
  • Token symbol: $STBL
  • Total circulation supply: 11,780,671.45 STBL

What are the utilities of $STBL?

The utilities of STBL (Stable Metal) include:

  1. Stablecoin Backed by Real Assets: Each STBL token is backed by a specific quantity of valuable metals (e.g., gold, silver, copper, platinum, and palladium) contained within a unique slag deposit, providing stability and a tangible asset base for the digital currency.
  2. Digital Ownership of Precious Metals: STBL allows users to become digital owners of precious metals with minimal risk, offering a more accessible entry point to metal investments without the need for physical storage or handling.
  3. NFT Metal Packages: STBL issues NFTs representing different metal packages, where each NFT can have varying degrees of rarity and value based on the package’s working period. These NFTs can be collected, traded, or exchanged for real metal ingots at designated company offices.
  4. Physical Metal Redemption: Users can exchange their STBL tokens or NFTs for real metal ingots once specific conditions are met, allowing for a tangible return on their digital investment.
  5. Decentralized Metal Exchange Platform: STBL provides a unique decentralized marketplace for buying and selling extracted metals at market prices, with a portion of transaction fees going to a liquidity support pool to enhance market stability.
  6. Environmental Sustainability: STBL’s model promotes sustainable investment by utilizing the value of existing slag, reducing the need for additional metal extraction and minimizing the environmental impact associated with traditional mining practices.

These utilities position STBL as both a digital asset and a tangible investment opportunity, promoting sustainability and innovation in the metal market.

What does the project ecosystem include?

The STBL (Stable Metal) project ecosystem includes:

  1. STBL Stablecoin: A cryptocurrency backed by precious metals found in slag deposits, providing stability and real asset value to investors.
  2. Metal-backed NFTs: Digital tokens representing metal packages, which can be traded, collected, or exchanged for real metal ingots based on the duration and rarity of the NFT. Each NFT package corresponds to a unique combination of precious metals, creating varying degrees of value.
  3. Decentralized Metal Exchange: A marketplace where users can buy and sell metals extracted from the slag deposit at market prices. The exchange also supports liquidity through a percentage of commissions going into a liquidity pool, enhancing trading stability.
  4. Metal Marketplace: An NFT Metal Market that allows users to trade metal-backed NFTs with other participants. Rare NFT collections can be combined and exchanged for actual metal ingots, offering tangible returns on digital investments.
  5. Physical Metal Redemption: Users can redeem their NFTs or tokens for physical metal ingots at designated company offices. The value of the metal ingots will depend on the type and rarity of the NFT packages collected.
  6. Sustainable Resource Management Platform: The project’s focus on recycling slag for metal extraction ensures environmental sustainability and responsible resource management, reducing the ecological footprint of traditional mining.

The entire ecosystem integrates digital assets, real-world metal value, decentralized finance, and sustainability, making it a comprehensive platform for both digital and tangible investments.

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