#大而美法案 The Future is Here
A Layer1 public chain, Stable, has emerged, which is backed by the Bitfinex exchange and the world's largest stablecoin, USDT. Tether's CEO and Bitfinex's CTO Paolo Ardoino is providing support for this chain. Stable's main focus is that USDT is the native token, meaning that transaction gas fees and other costs are directly paid in USDT. Currently, the daily settlement amount of USDT exceeds $100 billion, and this chain is positioned as the native infrastructure for USDT. Settlements, credit, remittances, and foreign exchange are all conducted on-chain.
Stable is backed by Green Leaf Exchange and Tether, with USDT as the native token
Stable is a Layer1 public chain, backed by the USDT issuer Tether and the Bitfinex exchange, with USDT as the native gas token. On this chain, free peer-to-peer transfers of USDT and seamless cross-chain transfer services can be realized. Although it has not yet been confirmed whether it is an EVM-compatible public chain or another execution layer, Stable's official stance indicates that it is not just a stablecoin; smart contracts can also run on Stable.
Stable claims that the trading volume of stablecoins has now surpassed that of Visa, with USDT's daily settlement amount alone exceeding $100 billion. However, the current infrastructure is unstable, costly, and fragmented. Stable aims to rebuild the monetary layer of finance from the ground up; the native token is neither BTC nor ETH, but USDT. There are no intermediaries on Stable, which is a composable, programmable, and USDT-native infrastructure. Settlements, credit, remittances, and foreign exchange are all conducted on-chain.
Stable is a public chain designed for institutions
Stable is created for scalable applications and is specifically designed for institutions. It can implement:
Remittances and global payments.
A new era of banking for stablecoins.
Financial and cash management.
On-chain foreign exchange, credit, and settlements.
Cross-border B2B traffic.