Stable Rolls Out Mainnet with $2 billion Backing, USDT Gas

- Layer 1 blockchain Stable launches mainnet with $2 billion in pre-deposits and USDT gas fees. - Introduces STABLE governance token and key partnerships with PayPal and Standard Chartered. Stable, a Bitfinex-backed Layer 1 blockchain, made headlines on December 8, 2025, with the launch of its mainnet and native STABLE token. The network uses Tether’s USDT as its gas token, a design intended to enhance stablecoin adoption by providing consistent transaction costs and improved on-chain payment infrastructure. On December 8, The Block reported that the Stable Foundation, an independent organization, directs the network's operations. The foundation fosters the network’s growth through grants, community-based initiatives, and governance participation. Meanwhile, the STABLE token is at the heart of the blockchain’s operations, underpinning governance and network security. Within the delegated proof-of-stake consensus framework, StableBFT, token holders can participate in protocol decisions and delegate their tokens to validators. The STABLE token has a fixed supply of 100 billion, with allocations designed to promote long-term growth. According to The Block on December 8, the token distribution is as follows: 10% was issued at genesis, 40% is for developer grants and partnerships, 25% for the founding team, and the remaining 25% for early investors. Tokens for the team and investors face a one-year cliff, followed by a four-year vesting period. Additionally, USDT transaction fees will partially fund staking rewards. The mainnet launch generated significant momentum, as pre-deposit volumes exceeded expectations. Over 24,000 unique wallets collectively deposited $2 billion in advance, although another report estimated pre-deposits at $1.1 billion. In addition, Stable has already forged notable partnerships with top-tier institutions like PayPal, Anchorage Digital, and Standard Chartered’s Libeara platform, highlighting the network's ambitions within the financial and payments sector. The blockchain offers full EVM-compatibility, which facilitates easy integration with Ethereum-based tools and decentralized applications. Furthermore, Stable’s delegated proof-of-stake mechanism optimizes network security and efficiency. This system also addresses common challenges in stablecoin adoption, such as unpredictable fees and extended settlement times. As a result, by providing a scalable framework for on-chain finance, Stable aims to cater to both individual users and institutional use cases. According to Market Survey on December 8, Tether USDt (USDT) traded at $1 as of 15:08 UTC. Its 24-hour trading volume changed by 0.03%, while the token's market dominance stood at 5.986%.