What is Stable(STABLE)? The Stablecoin Public Chain

Stable is a high-performance blockchain designed to support seamless USDT-based activity. Built on a delegated Proof-of-Stake (dPoS) mechanism, Stable offers full EVM compatibility and achieves sub-second block times for fast and reliable transaction finality. As a network dedicated to USDT, Stable provides a range of USDT-specific features that optimize user experience.

Please read on for more details about Stable.

Team & Background

Stable is guided by a dynamic leadership team across the globe.

• CEO: Brian Mehler
  • Bringing more than 15 years of experience in finance, venture capital, and blockchain.
• CTO: Sam Kazemian
  • Sam brings extensive expertise in building scalable financial protocols for Stable’s infrastructure design.
• COO: Thibault Reichelt
  • Ex-Kirkland/ADIC lawyer turned VC, leads Stable's global ops with J.D./MPhil degrees.

Stable has completed multiple rounds of financing, raising over $28M.

• Seed Round: Raised $28M. Led by Hack VC, Bitfinex and so on.
• Strategic Round: Led by PayPal Ventures.

Core Mechanics

Stable is a high-performance blockchain that maintains full compatibility with the Ethereum Virtual Machine (EVM), allowing developers to use familiar tools and libraries to build applications. Stable’s core mechanics consist of several key areas designed to provide a robust, efficient, and developer-friendly platform.

Stable is built on the following core components:

• Execution Layer: EVM-compatible smart contract execution environment
• Consensus Layer: Fast and secure transaction finalization consensus mechanism
• State Management: Efficient blockchain state storage and management
• Network Layer: P2P communication and data propagation

Key Features

Key features include:

• Sub-Second Block Finality: Ensure sub-second block time and single slot finality
• 100% EVM Compatibility: Supporting Ethereum tooling and smart contracts
• USDT as Gas Token: For non-USDT0 transfers, users pay gas fees in USDT0 tokens, which are automatically converted to gUSDT by the bundler and paymaster system
• Simplified User Experience: Users only need to hold USDT0 tokens, with the protocol handling all gas token conversions automatically
• USDT0 Cross-Chain Bridge: Users can bridge USDT0 from other chains including EVM chains like Ethereum, Arbitrum, HyperEVM, and other chains like Tron
• Web2.5 UX through Stable Pay: Seamless user experience provided by Stable Pay

Token Information

• Ticker: $STABLE
• Total Supply: 100,000,000,000
• Initial Supply: 18,000,000,000(18%)
• Standard: ERC-20 (on Stable Mainnet EVM)
• Utility & Use Cases
  • Network Security: STABLE staking secures the network via DPoS consensus, with slashing penalties for misconduct.
  • Governance: Holders vote on upgrades, parameters, and fund allocation to shape network evolution.
  • Participation in Network Economics: USDT fee rewards incentivize staking, linking participation to network activity.
• Token Distribution
  • Genesis Distribution: 10%
  • Ecosystem and Community: 40%
  • Team: 25%
  • Investors & Advisors: 25%

• Token Economics Philosophy
  • Stable takes several measures to enhance the utility of the STABLE token:
    • STABLE token has a fixed supply. There is no ongoing inflation.
    • As Stable moves toward mainnet, the token’s role in staking, governance, and incentive alignment will support the network’s reliability at scale.

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