Stabolut
Stabolut is a Hong Kong-based DeFi protocol that issues USB, a USD-pegged, yield-bearing stablecoin collateralized by Bitcoin and Ether and maintained via delta-neutral hedging. It serves crypto-native users seeking decentralized, transparent, interest-bearing dollar exposure without banking dependencies.
- Company typePrivate
- Founded2023
- HeadquartersHong Kong, Hong Kong SAR China
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
Stabolut firmographics
Firmographics- Name
- Stabolut
- Legal name
- Stabolut
- Website
- https://stabolut.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Stabolut is a Hong Kong-based DeFi protocol that issues USB, a USD-pegged, yield-bearing stablecoin collateralized by Bitcoin and Ether and maintained via delta-neutral hedging. It serves crypto-native users seeking decentralized, transparent, interest-bearing dollar exposure without banking dependencies.
- Ownership category
- akta.pro rank
Where Stabolut is headquartered
LocationHeadquarters
- HQ city
- Hong Kong
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Markets served
Stabolut business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Marketing or Sales, Personnel
Revenue model
- Yield from Delta-Neutral Funding Rates: USB's yield is generated primarily from funding rates on the derivative positions (short positions) used in the delta-neutral strategy. Market conditions, demand for leverage, and the composition of the collateral basket all influence the rate. Holders earn passively by holding USB with no lock-ups.
- Cross-Border Transaction Fees: Revenue generated through the unique transfer ecosystem — super fast and cost-effective cross-border transactions, peer-to-peer gasless transfers, and global payments — likely through transaction or network fees.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Stabolut product offering
Product offeringCore offering
Stabolut issues USB, a multi-currency, yield-bearing stablecoin backed primarily by bitcoin and ether that maintains a 1:1 USD peg via delta-neutral hedging with crypto derivative short positions. Holders earn yield passively by simply holding the token in their wallets, with no staking or lock-ups required, while the surrounding ecosystem supports cross-border transfers, peer-to-peer gasless payments, instant currency exchange, and a global debit card.
Product overview
Stabolut offers USB, a single core product — a multi-currency, yield-bearing stablecoin platform. USB is backed by a basket of cryptoassets (primarily bitcoin and ether) and maintains its USD peg through delta-neutral hedging strategies. The platform enables users to earn interest simply by holding USB, with no staking or lock-up requirements. The ecosystem encompasses instant currency exchange, peer-to-peer gasless transfers, privacy-first finance, global payments, and a debit card feature.
Differentiator
Problem solved
Functional benefit
Products and services
- USB Stablecoin USB is a multi-currency, yield-bearing stablecoin backed by a basket of cryptoassets (primarily bitcoin and ether) and pegged to USD using delta-neutral hedging strategies. Holders earn yield passively by simply holding the token in their crypto wallet, with no staking or lock-up required, and benefit from overcollateralization, real-time proof-of-reserve transparency, and a money-transfer ecosystem that supports cross-border payments, peer-to-peer gasless transfers, instant currency exchange, and a global debit card.
Quantifiable outcome
- Yield is variable based on market conditions; historical funding rates in crypto derivatives markets have typically produced attractive returns compared to traditional savings products
Companies that use Stabolut
Customer profileSegments3 records
Ideal customer profiles3 records
Stabolut technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Stabolut partnerships and signals
Strategic signalRecent moves5 records
Expansion highlights4 records
Stabolut competitors and assessment
Company assessmentDirect peers
- Ethena Labs: Ethena's USDe is the flagship delta-neutral, crypto-collateralized synthetic dollar that earns yield via perpetual futures funding rates — the closest direct analogue to USB in mechanism, distribution model, and target DeFi user.
- Resolv Labs: Resolv offers a delta-neutral stablecoin backed by ETH/BTC and uses similar funding-rate yield mechanics, directly competing with USB in the decentralized, crypto-backed yield-bearing stablecoin niche.
- MakerDAO / Sky: MakerDAO's DAI (now Sky's USDS) is the most-established decentralized, overcollateralized stablecoin and shares USB's core positioning of bank-independent, on-chain USD; differences are collateral basket composition and yield mechanism.
- Frax Finance: Frax is a decentralized stablecoin protocol historically using fractional algorithmic and crypto-collateralized designs — directly comparable as a decentralized stablecoin competitor with overlapping DeFi-native customer base.
- Synthetix: Synthetix's sUSD is a synthetic USD token minted against crypto collateral via oracles — a comparable on-chain USD primitive designed for decentralized trading and DeFi usage.
Broad incumbents
- Tether: Tether (USDT) is the dominant centralized, fiat-backed stablecoin by circulation; Stabolut positions USB explicitly against USDT on decentralization and transparency, making USDT a natural incumbent benchmark.
- Circle: Circle's USDC is the leading regulated, fiat-backed stablecoin with full monthly attestations and broad institutional adoption — a baseline benchmark against which USB's transparency claims are measured.
- Paxos: Paxos issues regulated stablecoins (USDP, PayPal's PYUSD) under NYDFS oversight; operates in the same stablecoin issuance category as USB but with full regulatory licensing, representing the regulated incumbent alternative.
- PayPal (PYUSD): PayPal's PYUSD (issued via Paxos) is a regulated, fiat-backed consumer stablecoin targeting payments and merchant use — relevant for USB's debit-card and global-payments strategy where consumer brand recognition drives distribution.
Emerging players
- Mountain Protocol (USDM): Mountain Protocol issues USDM as a yield-bearing, regulated stablecoin backed by short-duration U.S. Treasuries — an emerging competitor in the yield-bearing stablecoin category with overlapping user demand profile.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Stabolut social profiles
Digital presenceStabolut financial estimates
Financial estimateRevenue estimate
Valuation estimate
Stabolut leadership team
Management profileNumber of profiles
Profiles1 record
Stabolut funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Stabolut M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Stabolut
What does Stabolut do?
Stabolut issues USB, a multi-currency, yield-bearing stablecoin backed primarily by bitcoin and ether that maintains a 1:1 USD peg via delta-neutral hedging with crypto derivative short positions. Holders earn yield passively by simply holding the token in their wallets, with no staking or lock-ups required, while the surrounding ecosystem supports cross-border transfers, peer-to-peer gasless payments, instant currency exchange, and a global debit card.
Is Stabolut a public or private company?
Stabolut is a private company. It is classified as venture growth investor backed and is currently operating.
When was Stabolut founded?
Stabolut was founded in 2023. It employs 1 to 10 people.
Where is Stabolut based?
Stabolut is headquartered in Hong Kong, Hong Kong SAR China, in the Asia region.
How does Stabolut make money?
Two revenue lines are on record. Yield from Delta-Neutral Funding Rates are the primary driver. The others are cross-Border Transaction Fees.
Who are Stabolut's main competitors?
Direct peers on record are Ethena Labs, Resolv Labs, MakerDAO / Sky, Frax Finance and Synthetix. Broad incumbents are Tether, Circle, Paxos and PayPal (PYUSD). Mountain Protocol (USDM) is listed as an emerging player.
Does Stabolut have an API?
No public API is recorded for Stabolut.