Decibel, backed by Aptos Labs, to debut USDCBL before its February mainnet

The Decibel Foundation said on Thursday it will introduce USDCBL, a protocol-native, dollar-denominated token issued via Bridge, ahead of the project's February mainnet for its Aptos-based perpetuals exchange. The stablecoin will act as collateral, with reserves in cash and short-term U.S. Treasurys whose yield remains within the protocol; the team also reported 650,000+ testnet accounts and over 1 million daily trades, figures not independently verified.