Stable, a Layer 1 blockchain supported by Bitfinex and Tether, is set to launch its mainnet at 21:00 Beijing time on December 8th. The network, which uses USDT as its native gas fee, aims to provide stablecoin infrastructure with sub-second settlement and gas-free peer-to-peer transfers. The STABLE token, with a total supply of 100 billion, will be listed on exchanges like Bitget, Backpack, and Bybit, though major platforms like Binance and Coinbase have yet to announce listings. The fully diluted valuation (FDV) of Stable is anticipated to exceed $2 billion on its first day of trading, with a token price estimated at $0.02. However, in the perpetual contract market, STABLE/USDT is currently priced at $0.032, suggesting an FDV of around $3 billion. The project has already seen significant interest, with pre-deposits totaling $1.325 billion across two phases. Despite some community concerns over insider trading and system lags, the project remains optimistic about its market potential, bolstered by its unique economic model and institutional backing.