The Stable mainnet is officially launched, using USDT to pay for Gas and issuing the governance token STABLE

According to The Block, the Bitfinex-backed Layer 1 blockchain Stable has announced the official launch of its mainnet StableChain, along with the introduction of its native governance token STABLE and the independent operating entity Stable Foundation. The network uses USDT issued by Tether as the gas fuel token, and all on-chain transactions are settled in USDT.
The total supply of STABLE tokens is fixed at 10 billion, with the distribution plan as follows:

• 10% for genesis distribution
• 40% for developer grants and ecosystem collaboration
• 25% for the team
• 25% for early investors

The team and investor shares are subject to a one-year lock-up period, followed by a four-year linear unlock. The tokens are primarily used for network governance and security maintenance under the delegated proof-of-stake (DPoS) consensus mechanism and do not involve payment functions.

According to the project team, the pre-deposit activity before the mainnet launch attracted over 24,000 wallets in two phases, with deposited funds exceeding $2.8 billion. The Stable Foundation will lead the allocation of the ecosystem fund, community programs, and protocol governance, and has already partnered with Anchorage Digital, PayPal, and Standard Chartered's Libeara.