A new blockchain project called "Stable" is preparing to launch with the support of the cryptocurrency trading platform Bitfinex and USDT0, with the participation of Tether's CEO Paolo Ardoino as an advisor.

The USDT blockchain project will be used to pay gas fees and primarily targets financial institutions rather than retail users.

The project team remains anonymous and is only described as a group of "protocol engineers, fintech operators, and cryptocurrency founders."

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