Stably recently announced the launch of Stable which is the first Layer 1 blockchain network purpose built for stablecoin transactions. The network leverages Tether (USDT) to fuel all network transactions and gas fees, removing the reliance on volatile tokens entirely. This user-centric design eliminates the complexity that consumers and businesses currently face when using digital dollars, especially for international transactions and everyday retail purchases.
Stable’s architecture is designed to process thousands of transactions per second while preventing network saturation. Stable hit the ground at the right moment, as regulatory momentum is increasing here in the United States. One of those efforts, the GENIUS Act, would prioritize the establishment of regulatory standards for stablecoin governance and issuance. Tether recently launched the L1 payments-focused network Stable.
Streamlining Transactions with USDT
Stable also stands apart by leveraging USDT for all transactions and gas fees, eliminating the need for users to engage with volatile tokens. This feature allows users to attract more customers by allowing them to pay the fees directly in USDT, enabling a more stable and predictable transaction experience. As a direct, decentralized infrastructure layer, Stable is built to support inclusive, seamless, safe and efficient commerce across borders and digital finance industries.
The private network is built to make the private sector’s use of digital dollars easy for everyday users and businesses. By concentrating on the opportunities presented by stablecoins, Stable hopes to make convenient and inclusive cross-border transactions and retail payments easier and cheaper. Stable is designed to handle a massive number of transactions per second while maintaining speed and dependability on the blockchain.
With infrastructure that can handle thousands of transactions per second, Stable’s operations are smooth and efficient, covering all bases. The network's design prioritizes scalability and performance, making it suitable for a wide range of applications in the digital finance space.
Enhancements and Future Upgrades
Stable already has an ambitious roadmap for future improvements, which is broken down into three phases. In Phase 2, the network will use optimistic parallel execution to increase throughput by orders of magnitude. With this upgrade, the network will be able to process a greater amount of transactions at the same time, increasing the overall efficiency of the network.
As part of Phase 2, there will be incorporation of enterprise-focused blockspace assignment. This would allow businesses, for example, to obtain guaranteed and prioritized blockspace for their transactions, increasing reliability. To address this enterprise user requirement demonstrated in the allocation of blockspace to unique enterprise users.
During Phase 3, Stable’s network will be enhanced to a DAG-based consensus proof-of-stake system. This new consensus mechanism will make the network even faster, more resilient, and less resource-intensive. While the current DAG-based system is not without its own challenges, it has proven to be a more robust and scalable infrastructure for the blockchain.
Bridging and Regulatory Context
Stable also allows seamless bridging between all supported blockchain networks on Stable with the help of LayerZero’s omnichain messaging protocol. Such interoperability enables users to easily move assets and information across multiple blockchain environments. With the implementation of LayerZero’s omnichain protocol, developers can create applications with secure and reliable cross-chain communication.
The launch of Stable comes at a time of increasing regulatory scrutiny and momentum in the stablecoin space. The GENIUS Act represents a significant achievement toward promoting sound stablecoin governance in the United States. Specifically, it lays out transparent rules for the issuance and management of stablecoins. This regulatory development has offered the most clear-cut regulatory framework for the future of stablecoins to date.
By laying the groundwork as an interoperable, connected infrastructure component, Stable will be a primary driver of the expanding digital realm of global commerce and finance. Stable offers the only truly dedicated Layer 1 solution for stablecoins. This user-centered approach streamlines, secures, and enriches the way people and businesses connect with digital dollars.
