Stable is a Layer 1 blockchain built specifically for the USDT stablecoin ecosystem. It is widely reported as a project backed by Bitfinex and the broader Tether circle.
In December 2025 it launched its mainnet, Stablechain, together with the native STABLE token. Its goal is to serve as USDT-centric infrastructure for payments and transfers.
Stable's defining feature is that it uses USDT, rather than a volatile native coin, as the network's gas token. This lets users estimate fees in dollar terms.
The chain emphasizes fast settlement, low-cost cross-border transfers, and compliance-aware design. It targets payment processors, fintechs, enterprises, DeFi, and real-world asset (RWA) applications.
Data provided by CoinGecko
STABLE has a fixed total supply of 100 billion tokens, with no inflationary emissions planned. The token is used for network security and governance.
The disclosed allocation is 10% genesis distribution, 40% developer grants and partnerships, and 25% each for the team and early investors, the latter two with a one-year cliff and four-year vesting. Staking rewards are designed to come from a share of USDT-denominated network fees.
Reducing gas fee volatility and simplifying USDT transfers are seen as clear advantages for payment use cases. Its proximity to a major stablecoin issuer's ecosystem also draws attention.
On the other hand, heavy reliance on USDT and a single issuer means regulatory or issuer-related risks can carry over directly. Competition from other stablecoin-focused chains and large scheduled token unlocks are also worth considering.
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