In the ever-evolving world of crypto, speculation can drive markets as much as actual news. A recent tweet from @Stoictrader07 has the community buzzing: "Im not gonna surprise if CZ starts to lowkey shilling $STBL remember it's on BSC with Franklin Templeton which is he recently tweet about." Despite the typo—likely meaning "I'm not gonna be surprised"—the message is clear. Could Changpeng Zhao (CZ), the founder of Binance, be gearing up to promote $STBL?
Let's break this down step by step, especially if you're new to some of these terms. First off, CZ is a big name in crypto. He built Binance, one of the largest exchanges out there, and even after stepping down as CEO, his influence remains massive. His tweets can move markets, and "shilling" here just means promoting or hyping a token, often subtly or "lowkey."
Now, what's $STBL? It's not your typical meme coin, but it's got that viral potential with recent pumps. $STBL is the governance token for a decentralized finance (DeFi) protocol built on Binance Smart Chain (BSC), which is Binance's blockchain for fast, cheap transactions. The protocol lets users mint USST, a stablecoin pegged to the US dollar. What makes it stand out? It's backed by real-world assets (RWAs) like yield-bearing investments, meaning it combines stability with potential earnings. Founded by Reeve Collins, a co-founder of Tether (the biggest stablecoin, USDT), STBL aims for transparency and non-custodial control—users keep their keys.
The real excitement comes from STBL's partnership with Franklin Templeton, a traditional finance giant managing over $1.6 trillion in assets. According to recent announcements, Franklin Templeton is teaming up with STBL to mint $100 million worth of USST using their BENJI tokens. BENJI is part of Franklin Templeton's on-chain platform for tokenized assets, like their U.S. Government Money Fund. This bridges TradFi (traditional finance) and DeFi, making high-quality assets accessible on blockchain.
Tying it back to the tweet: CZ recently posted about Franklin Templeton expanding their Benji platform to BNB Chain. He welcomed them with, "Welcome to #BNB Chain 🤝" and linked to an article on The Defiant. Since STBL is on BSC and directly integrates with Franklin Templeton's BENJI for minting USST, the connection is obvious. If CZ is hyping the expansion, might he spotlight projects like STBL that leverage it?
Price-wise, $STBL has been on a rollercoaster. It surged over 1400% to an all-time high around $0.60 before retracing to about $0.46, as per data from CoinMarketCap. Trading volume spiked to hundreds of millions, showing serious interest. Is this the start of a meme-like frenzy, or solid growth from institutional backing?
Of course, this is all speculation. CZ hasn't mentioned $STBL yet, and shilling isn't guaranteed. But in meme token circles, where hype can turn small caps into moonshots, keeping an eye on influencers like CZ is key. If you're into RWAs or stablecoins with a twist, STBL's official site has more details. As always, DYOR—do your own research—and trade responsibly.
What do you think? Will CZ drop a subtle nod to $STBL, or is this just Twitter chatter? Drop your thoughts in the comments!