What Is Stable (STABLE)? A Guide to the USDT-Native Blockchain & How to Trade It on Phemex

Summary Box (Quick Facts)

• Ticker Symbol: STABLE

• Chain: Native Layer 1 Blockchain (EVM Compatible)

• Contract Address: Not available

• Circulating Supply: 17.6B STABLE (as of data from CoinMarketCap)

• Total Supply: 100B STABLE (fixed)

• Primary Use Case: Governance, validator staking, and securing the network.

• Current Market Cap: $398.85M

• Availability on Phemex: Yes (Spot, Pre-market-Standard, Candydrop)

What Is Stable (STABLE)?

Stable is a Layer 1 blockchain, or "Stablechain," built as a dedicated infrastructure for stablecoin payments and settlements, with Tether (USDT) at its core. The project was created to solve critical challenges that arise from using stablecoins on general-purpose blockchains. These issues include high and unpredictable transaction fees, a complex user experience requiring multiple tokens for gas, and limitations for enterprise adoption.

By creating an ecosystem optimized exclusively for USDT, Stable aims to provide an environment with ultra-low fees, instant settlement, and a simplified user experience. Its primary relevance is in the global payments and settlement sector, offering a more efficient financial rail for individuals, developers, and institutions.

How Many STABLE Are There?

The STABLE token has a fixed total supply of 100 billion tokens, ensuring a deflationary model with no new tokens created beyond this limit. The distribution is designed to support long-term, sustainable growth.

The allocation is structured as follows:

• Ecosystem & Community (40%): This is the largest portion, dedicated to fostering the network through developer grants, user incentives, partner integrations, and community programs.

• Team & Investors/Advisors (50% combined): Both the core team (25%) and early investors (25%) have their tokens locked for one year, followed by a four-year linear vesting schedule. This model ensures long-term commitment and prevents premature selling pressure.

• Genesis Distribution (10%): This allocation is used to bootstrap the ecosystem at launch, funding airdrops, initial exchange listings, and early marketing campaigns.

This structure means the circulating supply will gradually increase over several years as team, investor, and ecosystem tokens unlock, aligning all parties with the project's long-term success.

What Does STABLE Do?

While USDT is used for gas fees, the STABLE token serves as the backbone of the network’s security and governance. Its primary use cases are:

• Governance: STABLE is an ERC-20 governance token on the Stable mainnet. Holders can vote on key protocol upgrades and elect network validators, giving the community direct control over the platform's future.

• Staking and Network Security: Users can stake their STABLE tokens to validators to help secure the network. In return, validators can distribute a portion of the USDT gas fees they collect from a treasury smart contract, allowing stakers to earn rewards in USDT. This creates a direct incentive for participating in network security.

• Ecosystem Alignment: The token's economic design aligns the interests of developers, validators, and users, ensuring all participants are invested in the healthy growth of the ecosystem.

Stable vs. Bitcoin

Comparing Stable to Bitcoin highlights their fundamentally different objectives and technologies. Here is a direct comparison:

The Technology Behind Stable

Stable is engineered as a high-performance blockchain with full Ethereum Virtual Machine (EVM) compatibility, allowing developers to migrate applications and use familiar tools like Solidity, Hardhat, and ethers.js.

• Core Architecture: The platform is built on a modular framework that includes an EVM-compatible execution layer, a fast consensus mechanism for instant finality, and efficient state management.

• Native USDT Integration: Its most distinct feature is the use of USDT as the native gas token (gUSDT). This simplifies the user experience by removing the need for a separate volatile asset for transaction fees. The fee model is predictable, consisting of only a base execution cost without priority tips.

• Enterprise-Grade Features: Stable offers solutions tailored for businesses, including guaranteed blockspace to ensure consistent performance, confidential transfer options for privacy, and a robust security model.

• Developer Support: The ecosystem provides specialized Software Development Kits (SDKs) and APIs to streamline the development of stablecoin-based applications, reducing complexity and costs.

Team & Origins

Stable was launched by the teams behind Bitfinex and Tether, aiming to create a dedicated home for USDT and expand its utility. This connection gives the project significant industry resources and financial support. The tokenomics include a 25% allocation for the team, subject to a one-year cliff and four-year vesting schedule, reinforcing their long-term commitment to the project's success. In July 2025, Stable announced a $28 million seed round, with PayPal Ventures joining in September 2025.

Key News & Events

• July 2025: Stable announces a $28 million seed round led by Bitfinex and Hack VC, with participation from other major firms like Franklin Templeton.

• September 2025: PayPal's venture arm, PayPal Ventures, joins the funding round, signaling strong interest from the traditional finance sector.

• Partnerships: The project has announced key partnerships with payment orchestration platform Orbital and crypto payments app Oobit to expand enterprise and retail adoption of stablecoin payments.

• Exchange Listings: Stable (STABLE) is available for trading on Phemex, providing users with access to its spot and pre-market offerings.

Is Stable a Good Investment?

Evaluating Stable's investment potential requires a balanced look at its strengths and risks. The project is backed by industry giants and is solving a clear problem: the fragmented and often costly experience of using stablecoins across different networks. Its focus on USDT, the most dominant stablecoin, positions it to capture significant transaction volume.

However, as with any cryptocurrency, investing in STABLE carries risks. The project's success is tied to the continued dominance of USDT and the broader adoption of its Layer 1 solution over existing networks. Regulatory developments in the stablecoin space could also impact its trajectory.

Disclaimer: This is not financial advice. Crypto trading involves risks; only invest what you can afford to lose. The STABLE investment potential depends on various market factors and personal risk tolerance.

Community Perspectives (via Reddit)

Discussions on platforms like Reddit often highlight the appeal of using USDT for gas fees, simplifying the process for new users. Some threads focus on the significance of backing from Tether and PayPal Ventures as a major vote of confidence. However, other discussions raise questions about centralization, given its close ties to Bitfinex and Tether.

How to Buy STABLE on Phemex

For traders looking to get involved, Phemex offers a straightforward way to acquire STABLE. To learn more about the purchasing process, please visit our dedicated page on “How to buy STABLE”. You can also “Trade STABLE” on our spot market. For the latest updates, keep an eye on “News about STABLE” and track the “STABLE price” directly on our platform.

FAQs

1. What makes Stable different from other Layer 1 blockchains?
Stable's key differentiator is its native integration of USDT for gas fees, meaning users do not need to hold a separate volatile token to transact. Its entire architecture is optimized for stablecoin payments, offering features like guaranteed blockspace for enterprises.

2. Is the STABLE token used for transaction fees?
No, the STABLE token is not used for gas. It is primarily for network security (staking) and governance. Users pay transaction fees directly in USDT.

3. Who is behind the Stable project?
Stable was launched and is supported by Bitfinex and Tether, two major players in the cryptocurrency industry.

Summary: Why It Matters

Stable represents a forward-thinking approach to solving the practical challenges of using stablecoins at scale. By creating a dedicated, high-performance blockchain for USDT, it aims to become the foundational infrastructure for the next generation of digital payments and DeFi applications. With powerful backing and a clear use case, Stable is a project poised to make a significant impact on the crypto landscape.

Trade STABLE Now on Phemex