Deep Dive
1. Purpose & Value Proposition
Stable exists to create a dedicated financial rail for stablecoins. General-purpose blockchains often suffer from fee volatility and congestion, which is problematic for reliable payments. StableChain is optimized for high-volume, predictable stablecoin settlements, aiming to combine the reliability of traditional payment systems with blockchain's programmability (CoinGecko). Its core mission is to enable seamless digital dollar transactions at a global scale.
2. Technology & Architecture
The network is an EVM-compatible Layer-1, making it easy for developers to port applications. Its key innovation is using Tether's USDT as the native gas token, meaning users transact entirely in a stable asset. The consensus mechanism is a Delegated Proof-of-Stake variant called StableBFT, which promises sub-second finality and high throughput for fast, reliable transactions.
3. Tokenomics & Governance
The STABLE token has a distinct role separate from transaction fees. With a fixed supply of 100 billion, it functions as the network's coordination layer. Validators must stake STABLE to participate in consensus, and delegators can stake to them to earn a share of USDT-denominated protocol fees. STABLE holders also govern the protocol, voting on upgrades and resource allocation, aligning long-term incentives with network health.
Conclusion
Fundamentally, Stable is an infrastructure play: a blockchain singularly focused on becoming the most efficient settlement layer for stablecoin-based finance. Will its specialized design and institutional backing allow it to capture a significant share of the growing stablecoin economy?