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Stable has released its Layer 1 blockchain, Stablechain, the first blockchain network that uses USDT of Tether as a native gas and as a settlement token. Introduced on Tuesday, this blockchain is meant to provide cheaper, faster, and more predictable transactions on the stablecoin side.
Stablechain has near-instant (sub-second) transaction finality and is compatible with the Ethereum Virtual Machine (EVM). It allows developers to create decentralized applications with the existing Ethereum tools but with better speed and cost efficiency. It is also combined with a decentralized version of USDT0 based on LayerZero. Payments executed with USDT0 require no gas charge, making payments smooth and efficient.
The launch also eliminates some of the major problems of crypto transactions, such as the unstable gas price and slow confirmation period. By placing the USDT at the center of payments and network functioning, Stable will make using blockchain more accessible to both individuals and institutions.
Some of the tools that Stablechain will provide to the institutions are guaranteed block space, batch transactions, and confidential transfer. These capabilities assist the institutions in achieving compliance and security in regulated surroundings. The blockchain also has a built-in wallet whose features include social logins, credit, and debit card transactions, and wallet names that are easy to read. This will help the user improve accessibility and usability for those not used to crypto wallets.
To enable further expansion, Stable intends to introduce tools like parallel transaction processing, developer SDKs, and enterprise tools to boost the pace of adoption. USDT0 and Bitfinex are supporting the project; they led a $3.5 million investment in Plasma, a sidechain project that aims to lower USDT fees.
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The release of Stablechain comes amidst the current actions by legislators in the US to impose some legal regulations on stablecoins via the proposed GENIUS Act. The timing enables Stable to place the platform as a compliant and future-ready infrastructure for digital payments.
CFO Paolo Ardoino of Tether has applauded the undertaking, acknowledging that the project has potential as Stable comes out of stealth mode. Stablechain is a new blockchain designed explicitly for stablecoin, and it delivers better performance and better cost visibility. With its USDT-first and enterprise slant, Stablechain can offer a new infrastructure structure to support the use of stablecoins in the retail and institutional economy.
