Astar Network Developer Debuts New USD-Pegged Stablecoin

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Astar Network Developer Debuts New USD-Pegged Stablecoin

Startale Labs, the Japanese Web3 company behind the Astar Network, is taking a major step into digital finance with the introduction of Startale USD (USDSC) — a stablecoin designed to mirror the value of the U.S. dollar at a one-to-one ratio.

Key Takeaways:

  • Startale Labs, the core developer of Astar Network, has unveiled a new dollar-pegged stablecoin named Startale USD (USDSC).
  • The project introduces a gamified rewards program called Star Points and a savings feature promising returns of up to 14% APY.
  • Collateral is reportedly backed by short-term U.S. Treasury Bills, ensuring transparency and price stability.

The launch marks a pivotal moment for the Astar ecosystem, signaling the company’s intent to become a full-stack blockchain service provider. According to Startale Labs, USDSC was built to deliver a user-friendly experience within the Startale App, where transaction fees are fully covered by the platform.

The firm emphasized that USDSC aims to combine simplicity with financial soundness, ensuring that every token issued is transparently backed by real-world assets.

Transparent Design and Dollar-Based Collateral

Startale says the stablecoin is fully supported by short-term U.S. Treasury Bills, one of the most secure forms of government debt. This collateral structure was selected to minimize volatility and reassure users that the coin’s peg to the dollar remains stable even in turbulent markets.

Such transparency has become an increasingly important factor in the stablecoin space, where users have grown wary after several high-profile collapses. Startale appears keen to avoid those mistakes by emphasizing compliance, security, and visibility over how reserves are managed.

Star Points: Turning Loyalty Into Rewards

One of the most distinctive features of Startale’s new ecosystem is the Star Points program — a built-in rewards system designed to encourage long-term engagement.

For every $100 in assets held, users receive one Star Point each day. The longer they keep their holdings, the faster the points accumulate. After 150 days, the earning rate doubles, offering a tangible incentive for users to remain invested rather than shifting between platforms.

The collected points can later be redeemed for special rewards or benefits, though Startale has not yet revealed the full scope of what those might include. This structure adds a “gamified” layer to digital finance, blending blockchain savings with traditional loyalty mechanics.

Savings Product Offers Double-Digit Yields

Alongside the rewards program, Startale Labs is rolling out a savings system tied directly to USDSC holdings. According to its promotional materials, the program offers returns of up to 14% annual percentage yield (APY) — a figure well above conventional banking products.

While the company presents this as an opportunity for users to earn passive income through stable assets, analysts have warned that historically, projects promising such high yields have occasionally struggled to sustain them.

Startale insists its model is different, citing a robust treasury-backed reserve and a controlled risk framework. However, it still urges participants to understand potential market risks before committing their capital.

A New Layer for the Startale Ecosystem

The stablecoin launch fits neatly into Startale’s broader vision of transforming the Astar Network into a versatile financial infrastructure that bridges traditional finance and decentralized services.

By integrating USDSC, Star Points, and savings features into its app, Startale is building what it calls a “complete user economy” — one where users can save, earn, and transact without the friction typical of legacy systems. The company aims for this to become the foundation of a future “Web3 lifestyle,” with seamless on-chain utility and everyday usability.

Industry observers view this expansion as a natural evolution for Startale, which has been actively forging partnerships with major corporations in Japan and Southeast Asia to promote blockchain adoption.

The Bigger Picture for Stablecoins

The launch of Startale USD comes at a time when the global stablecoin market is undergoing rapid change. Governments are tightening oversight, and investors are demanding more proof of collateral backing and risk management.

Startale’s move into this sector may therefore be as much strategic as it is technical — positioning the company to compete in a market increasingly dominated by institutions seeking compliant, transparent alternatives.

If successful, Startale USD could strengthen Astar Network’s reputation as a developer-driven ecosystem capable of combining innovation, reliability, and real-world financial integration.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Author

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.

Source: https://coindoo.com/astar-network-developer-debuts-new-usd-pegged-stablecoin/