StableChain Mainnet Launches With USDT Gas Fees And New Governance Token

TLDR

• StableChain’s mainnet now supports USDT gas fees, simplifying stablecoin transactions.
• The mainnet introduces the STABLE token for network governance and security.
• Over 150 partners are building on StableChain for DeFi, payments, and more.
• The launch follows a $28M seed round and over $2B in pre-deposits.

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Stable has officially launched its mainnet, StableChain, introducing a new blockchain designed for stablecoin transactions. This layer-1 network leverages Tether’s USDT as its native gas token, which eliminates the need for volatile assets to process payments. The network aims to provide a high-volume, reliable solution for real-world settlements, making it easier for businesses to use stablecoins for transactions.

USDT Gas Fees and the Role of the STABLE Token

The StableChain mainnet’s most notable feature is its use of USDT for gas fees. Traditional blockchain systems often require volatile cryptocurrencies, such as Ethereum’s ETH, to pay for transaction fees. This can create unpredictability in the cost of transactions. StableChain, however, addresses this issue by using USDT, a stablecoin pegged to the US dollar, which provides more predictable and manageable costs for users.

In addition to USDT for gas fees, StableChain introduces the STABLE governance token. This new token will play a central role in managing the network and ensuring its long-term security. The creation of the STABLE token is an important step in separating network security from USDT settlement flows, helping to maintain the integrity of the blockchain while promoting decentralized governance.

Strong Support from Industry Partners

The launch of StableChain is backed by strong support from over 150 partners, including companies from diverse sectors such as decentralized finance (DeFi), payments, custody, neobanks, and infrastructure. With these partnerships, StableChain aims to create a robust ecosystem that enhances the usability of stablecoins in the financial industry.

The support for StableChain extends beyond business partnerships. The project also received significant backing during its seed round, raising $28 million from investors like Bitfinex, Hack VC, and Tether’s CEO Paolo Ardoino, who also serves as an adviser. This financial backing, along with a pre-deposit campaign that garnered over $2 billion, positions StableChain to become a key player in the digital payments space.

StableChain’s Impact on the Future of Stablecoin Payments

Stablecoin adoption continues to grow as digital assets become more widely accepted for payments, remittances, and cross-border transactions. However, many existing blockchains are not optimized for fast, low-cost stablecoin transactions. This has led to the development of specialized networks like StableChain, which are designed specifically for stablecoin settlement.

By providing a blockchain that is tailored to the needs of stablecoins, StableChain addresses many of the challenges faced by users and businesses when using other blockchains for payment processing. With StableChain, users can benefit from a faster, more predictable transaction experience that is optimized for real-world use cases.

As the stablecoin market continues to expand, StableChain’s focus on fast, low-cost transactions and its strategic use of USDT for gas fees positions it to play a crucial role in the future of digital payments.

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