A specialized L1 blockchain network designed for stablecoins was introduced, using USDT as the native asset for paying transaction fees.

Stable Releases World’s First Blockchain Network for Stablecoins

Stable unveiled the world’s first blockchain specifically designed for stablecoin operations called Stablechain. The project aims to address key issues of existing blockchains, including high costs, transaction processing speed, and usability complexity.

Stablechain delivers throughput at the level of thousands of transactions per second and under one-second latency for transaction confirmation and processing, thanks to its proprietary consensus model, StableBFT. Fees are paid directly in USDT, and P2P transfers are completely gas-free, increasing efficiency and accessibility for mass payments and microtransactions.

Besides, Stablechain offers corporate clients the ability to use dedicated blocks and a batching mechanism that combines multiple transactions into a single block for simultaneous processing, ensuring stable performance under high load. The blockchain also supports LayerZero and the USDT0 protocol, ensuring compatibility with other blockchain ecosystems.

Stable also plans to launch the Stable Wallet app, which will feature:

  • integration of bank cards;
  • use of simple crypto addresses;
  • authorization via popular social media and email accounts.

An alternative global payment infrastructure is gradually forming around stablecoins, with transaction volumes reaching $15.6 trillion in 2024.

Author: Mark Wallerstein
#Blockchain #News #Payments #Stablecoin