According to Foresight News, the Stable++ protocol, which is strategically invested by the CKB Ecosystem Fund, has been launched on the CKB mainnet. Stable++ is the first overcollateralized stablecoin protocol developed based on CKB to serve the Bitcoin ecosystem and the RGB++ ecosystem. The protocol supports BTC and CKB as collateral, and generates the first RGB++ stablecoin RUSD through the protocol. In the future, Stable++ will also support the CKB Lightning Network and will be deployed on the BTC L2 issued by the UTXO Stack. By then, through the Leap function of the RGB++ protocol, RUSD will be able to circulate freely in the Bitcoin ecosystem.

Previously, CKB Ecosystem Fund strategically invested in the Stable++ protocol, aiming to introduce decentralized stablecoins based on over-collateralized native assets to the Bitcoin ecosystem and RGB++ ecosystem, further releasing liquidity in the DeFi ecosystem.