The "Stable" Tether-Linked Blockchain Is Designed for Organizations with USDT-Powered Networks.

Given its close ties to USDT, the most well-known stablecoin globally, the project has already drawn attention despite its early stages of development. It has been dubbed simply "Stable."

The Stable team, which is currently anonymous, identifies itself as a combination of seasoned crypto entrepreneurs, finance experts, and protocol developers. This project stands out for taking a unique approach to network fees: Stable will employ USDT as the only currency used to cover transaction costs rather than usual gas tokens. The startup is also receiving advice from Paolo Ardoino, CEO of Tether, which lends even more legitimacy to its enterprise-focused goals.

Stable wants to become an infrastructure layer for financial institutions rather than serving individual users or fans of decentralized finance. The creation of "enterprise lanes," or special routes intended to process high-priority transactions more quickly and reliably, is one of its main selling advantages.

An early post on the project's official X account states that the creators want to address the fragmented scalability, high fees, and unpredictable performance that they believe are the main flaws in existing blockchain ecosystems. The statement claims that although USDT now transports more than $100 billion every day, the tracks it uses are frequently unreliable for operations of an institutional caliber.

Additionally, this move coincides with heightened rivalry in the stablecoin space. Though Circle's USDC, valued at over $61 billion, has gained pace, especially after Circle's successful public listing on the New York Stock Exchange, Tether, with a market worth of over $154 billion, still holds a strong position.

Stable, which is powered by the stablecoin that has come to represent global liquidity in cryptocurrency, has the potential to become the preferred blockchain for high-volume institutional finance if it fulfills its promises.