Stable

• Stable is a Layer 1 designed around stablecoins as the native money of the chain, particularly USDT.

• Fees are payable in stablecoins rather than requiring a separate volatile gas token.

• STABLE is the network token.

• Supply allocated across community, ecosystem and investors.

• Used for staking and network security while stablecoins handle transaction fees.

Pros:

• Paying fees in the asset being transferred removes a genuine onboarding barrier.

• Sub-second finality suits payment use cases.

• EVM compatibility lets existing applications deploy.

Cons:

• Very recent launch with minimal operating history.

• Directly competes with several other stablecoin-focused chains launched around the same time.

• Deep dependency on a single stablecoin issuer's continued support.

• Exposure to stablecoin-native payment infrastructure.

• Fee payment in stablecoins is a real usability improvement.

• Weigh the crowded field and the issuer dependency.

• Transaction fees paid in stablecoins, so a user never needs to acquire a separate volatile token to move money.

• Sending a stablecoin requires holding a second asset for gas, which most non-crypto users will not do.

• Making the stablecoin itself the fee asset removes the step entirely.

• Backed by Bitfinex and associated entities.

• Core contributor identities are partially public.

• No public ICO. Distributed through ecosystem and community allocations.

• Very short operating history.

• Several competing stablecoin chains launched in the same period.

• Dependency on a single stablecoin issuer.

• Stablecoin regulation could constrain the model.