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Stable’s StableChain Mainnet Goes Live With USDT Fees, STABLE Governance Token

By pairing USDT-denominated fees with a distinct governance token, the launch signals a turn toward stablecoin-focused payment infrastructure.

Stable launches dedicated stablecoin network
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Overview

  • Stable announced its Layer-1 mainnet is live, using Tether’s USDT for transaction fees while the STABLE token covers governance, staking, and validator incentives.
  • The company introduced an independent Stable Foundation to guide network growth, community programs, and protocol governance.
  • Stable reports a two-phase pre-deposit campaign exceeding $2 billion from more than 24,000 wallets, signaling early liquidity and user commitment.
  • Funding totals $28 million from a seed round led by Bitfinex and Hack VC, with advisors including Tether CEO Paolo Ardoino and other crypto investors.
  • Stable cites partnerships such as Anchorage Digital and PayPal, and industry reporting points to over 150 builders across DeFi, payments, custody, neobanks, and infrastructure.