OKX Ventures, the investment arm of crypto exchange OKX, has announced a strategic investment in STBL, a provider of stablecoin and yield infrastructure. STBL plans to develop a stablecoin backed by real-world assets (RWA) on X Layer, OKX's Ethereum-compatible Layer 2 blockchain. The company was co-founded by Reeve Collins and Avtar Sehra, co-founders of Tether. (CoinDesk)

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