What is Stable (STABLE)

I. Project Introduction

1. What Is STABLE?

Stable is a Layer-1 blockchain network specifically designed for stablecoin settlement and payment optimization. It makes stablecoins (especially USDT) the native transaction/settlement asset (gas-native), with the goal of building a high-performance digital-dollar settlement infrastructure called “Stablechain". On this chain:

a) Transaction fees are paid in USDT (gas-native), eliminating the need to hold volatile tokens for gas as on traditional blockchains.

b) It supports gas-free peer-to-peer transfers, sub-second finality, and high throughput with stable performance, making it suitable for everyday payments and large-scale stablecoin settlement.

c) Stable is built for both institutional/enterprise and ordinary users: It can handle large-value payments, cross-border remittances, financial settlements, and also supports daily stablecoin transfers, consumer payments, and personal remittances.

In other words, Stable is not a conventional DeFi project, but rather a payment/stablecoin settlement infrastructure + blockchain network. The STABLE token functions as a governance and ecosystem coordination asset, not as the gas/fee token.

2. How Does STABLE Work?

USDT as Native Gas: On Stablechain, users do not need to hold a separate native token for transaction fees. Gas fees from all transactions including contract invocation are paid in USDT, making it more accessible to users.

High Performance + Sub-Second Finality: Stable leverages StableBFT, a customized PoS consensus protocol built on CometBFT, to ensure high throughput, low latency, and deterministic finality, which makes it suitable for high-frequency stablecoin trades and settlements.

EVM Compatibility: Stable is fully compatible with the Ethereum Virtual Machine (EVM). Existing Ethereum/EVM projects can be migrated comparatively easily, and developers can use familiar Solidity/EVM tools to deploy contracts.

Enterprise-Grade Payment and Privacy Features: Stable provides enterprise blockspace reservation, optimizations for batch/large transfers as well as stablecoin settlement, and is planning support for confidential transfers to balance compliance and privacy needs.

Governance & Ecosystem Coordination (STABLE Token): STABLE tokens are not used to pay gas/transaction fees, Instead, they serve as the network's governance and incentive tokens. Holding or staking STABLE allows holders to participate in validator elections, votes on protocol upgrades, and receive a share of gas fees that are collected into a treasury.

3. Who Founded Stable?

Stable.xyz raised a large seed round in 2025 and secured about $28 million, with major participation from well-known institutions and traditional finance/crypto investors including Bitfinex, Hack VC, and later PayPal Ventures.

Public documentation does not fully disclose an exhaustive founder-by-name list, but the project shows a typical structure of strong institutional and investor support and international orientation, emphasizing compliance, enterprise-grade infrastructure, and stablecoin settlement capabilities.

4. Stable Tokenomics

Token Name: STABLE

Total Supply: 100,000,000,000 (100 billion)

The token allocation is as follows:

Investors & Advisors (25%): 1-year cliff + 48-month linear release.

Team (25%): 1-year cliff + 48-month linear release.

Ecosystem & Community (40%): 8% unlocked at TGE, with the remaining 32% released linearly over 3 years.

Genesis Distribution (10%): 100% unlocked at mainnet launch.

Token Utility:

Governance: STABLE is used for governance including validator elections, votes on protocol upgrades, on-chain proposals, etc.

Ecosystem Incentives and Rewards: STABLE also underlies the ecosystem incentive and reward mechanisms where participants, contributors, developers and partners can earn STABLE rewards through staking or contributions, in alignment with the ecosystem’s growth.

Fee Revenue Sharing: Although STABLE is not directly used for paying gas/transaction fees (since gas is paid in USDT), staking STABLE enables holders to share in the revenue from the transaction fee/stablecoin fee treasury, provided that validators opt to distribute such rewards.

5. Timeline of Key Milestones

November 2025: STABLE tokenomics was announced, with a total supply of 100 billion tokens and clear allocation and unlock schedules.

November–December 2025: A $28 million seed financing round was completed. It was led by Bitfinex and Hack VC, with later participation from PayPal Ventures.

December 2025: Stable.xyz officially launched its mainnet, Stablechain, positioning it as a stablecoin settlement infrastructure featuring “USDT-native gas, gasless peer transfers, and sub-second finality”.

Q4 2025: Throughput and execution performance have been enhanced, including introduction of more performant optimistic parallel execution and StableDB to support large-scale stablecoin transfers and settlement.

Q2 2026: It plans upgrade of the consensus mechanism (potentially DAG-based consensus), targeting 10,000+ TPS to support global payment and large settlement scenarios.​

II. Token Information

III. Related Links