Stable (STABLE) is the governance and security token of StableChain, a Layer 1 blockchain built for USDT-denominated payments and settlements. Users pay all fees in USDT, while STABLE operates behind the scenes as a fixed-supply asset used for staking under the StableBFT delegated Proof-of-Stake system, voting on protocol governance and accessing potential shares of USDT fee revenue and ecosystem programs. The token has a 100 billion fixed supply, allocated 10% to a genesis distribution, 40% to ecosystem and community, 25% to the team and 25% to investors and advisors, with team and investor allocations vesting over four years after a one-year cliff. Stable was founded by Joshua Harding, with Brian Mehler as CEO, and is backed by Tether, Bitfinex and other investors focused on stablecoin-based payments.
Stable (STABLE) is the native coordination token of StableChain, a Layer 1 blockchain built for stablecoin payments and settlements with Tether’s USDT as the native gas and settlement asset. StableChain is EVM compatible, targets sub-second finality and aims for high throughput, while users only need to hold and spend USDT for fees and transfers.
STABLE does not function as a payment coin or gas token. It is a fixed-supply governance and security asset used for staking, validator selection, protocol governance and ecosystem incentives, while the user-facing experience remains USDT-only.
STABLE is distinct from generic “stablecoins” and other tokens that may use a similar ticker. Here STABLE refers to the governance and staking token of the StableChain network.
StableChain uses a Delegated Proof-of-Stake consensus protocol often referred to as StableBFT.
Validators must stake STABLE as collateral to join consensus and produce blocks
Token holders can delegate STABLE to validators to participate without running their own infrastructure
Misbehavior such as double-signing or extended downtime can lead to slashing of staked STABLE
Stakers and delegators help secure the network and may receive a share of protocol fee revenue, although users continue to pay all on-chain fees in USDT.
STABLE is the governance token for the Stable ecosystem. Holders who stake or delegate their tokens can participate in decisions that can include:
Approving protocol upgrades
Adjusting network parameters
Allocating ecosystem and community reserves
Shaping validator and governance frameworks
Governance rights are planned to roll out in phases as StableChain and its ecosystem expand.
In StableChain’s design:
All transaction fees are paid in USDT
These USDT fees accumulate in protocol-controlled treasuries or vaults
Validators can choose to share a portion of this USDT with their STABLE delegators
This structure leads to:
Users only needing USDT for normal transfers and dapp activity
STABLE being required for staking, governance and potential fee-sharing rights
Demand for STABLE being linked to the scale of USDT settlement and activity on StableChain
A significant share of STABLE is reserved for ecosystem and community programs, such as:
Developer grants and infrastructure support
Liquidity and integration programs
User acquisition and stablecoin payment corridors
Strategic partnerships and validator onboarding initiatives
These rewards come from predefined STABLE reserves, aligning incentives for builders, validators and users who grow network activity.
Stable documentation describes STABLE as a fixed-supply token with 100 billion units. The protocol does not rely on ongoing inflation; incentives are funded from allocated reserves.
At mainnet and token generation, a minority portion of the supply is released for initial distribution and liquidity. The remaining tokens are subject to vesting schedules, ecosystem programs and treasury management. Circulating supply is expected to grow over time as locked allocations vest and ecosystem programs distribute tokens.