Overview
- The Layer-1 network launched Dec. 8, enabling transactions and fees to be paid in Tether’s USDT.
- Stable also formed the Stable Foundation and released the STABLE token for network security and governance.
- The company cites a two-phase pre-deposit campaign totaling over $2 billion from more than 24,000 wallets.
- Stable previously raised $28 million in seed funding led by Bitfinex and Hack VC, with advisors including Tether’s Paolo Ardoino.
- Announced integrations name Anchorage Digital and PayPal, and some reports cite 150+ partners across DeFi and payments, figures not independently verified.