Stable has launched the StableChain mainnet, a Layer 1 blockchain tailored for stablecoin transactions and everyday payments. This new network aims to tackle high fees and slow settlement times by utilizing USDT as the gas token, enhancing user experience and lowering entry barriers. Alongside the mainnet, Stable introduced the STABLE token for governance and established the Stable Foundation to manage development and partnerships. Despite competition from existing Layer 1 and Layer 2 solutions, StableChain offers a streamlined, user-friendly approach to crypto payments.