#NFPWatch Bitfinex and Tether have launched a new Layer 1 blockchain called Stable.
The main feature of this blockchain is that it uses USDT (Tether), a stablecoin pegged to the US dollar, as gas fees (transaction fees).
In general:
◀️Stable: A new Layer 1 blockchain supported by Bitfinex and Tether.
◀️USDT as gas: Instead of using volatile cryptocurrencies to pay transaction fees, USDT is used, providing stability in costs.
◀️Goal: To make stablecoin transactions faster, cheaper, and more reliable, avoiding fee volatility.
◀️Additional features: The blockchain includes an integrated Stable Wallet that supports social login and credit/debit card integration😌😌.
$USDT