ESS creates a new era: ecosystem/economy
According to STBL, ESS (Ecosystem Specific Stablecoin) is a concept that completely replaces the traditional closed ecosystem (Walled Garden) or centralized stablecoin issuer model.
The core is simple: now every ecosystem can build its own economy.
And the value generated in that economy returns to the interior of the ecosystem.
1. Companies now have a "self economy"
Assume a large corporation trades $1 billion per year within the ecosystem.
In the existing stablecoin system, interest earnings go to the issuer.
When using ESS:
-->The interest earnings are taken directly by the company
-->They can be redistributed as royalties, membership rewards, employee bonuses, partner incentives, etc.
✔️ Value does not flow outwards but accumulates inside the ecosystem
2. Governments and cities also enter an era of issuing their own currency
Local governments or cities can issue their own ESS
The collateral is the public assets owned by the city
The generated interest is used for:
-->Road maintenance
-->Education budget
-->Public benefit programs
and is reinvested as public benefits
✔️ Stablecoin profits flow back to citizens rather than private companies
3. All ESS are instantly compatible with USST
Even if you receive rewards from a game ESS, you can swap them to USST instantly at any time
Ensuring global liquidity + full interoperability between ecosystems
✔️ Different ESS connect into a single global system
4. ESS is a system where ecosystems evolve into economies
Companies expand beyond platforms into their own economic domains
Users are not consumers but participants in the economy
Value returns to the ecosystem, builders, and community rather than an intermediary issuer
One-sentence summary
ESS enables enterprises, governments, and communities to operate their own currency and economy, returning all value generated in that economy back to the ecosystem—core infrastructure of Stablecoin 2.0.
* This article was written referencing the STBL post linked in the comments.
