Stable
Stable
Stable is a Layer 1 blockchain dedicated to stablecoin payments, backed by Bitfinex and Tether, using USDT as the native gas token with sub-second finality and fees below one cent. It raised $28M in a seed round co-led by Bitfinex and Hack VC and launched its mainnet with over $1.1 billion (mostly USDT) pre-deposited across 10,000+ wallets. Alongside the mainnet it released the native STABLE token for network governance and security.
Data & conditions
| Service type | Stablecoin infrastructure |
|---|---|
| Pricing model | Not disclosed |
| Stablecoins | USDT |
| Custody model | non-custodial |
| Customer type | Fintech, Developers, Enterprise |
| Fund custody | Self-custody (funds in your control) |
| Supported countries | US, EEA, APAC |
| Segment | B2B |
| MiCA / License status | Not disclosed |
Strengths
- USDT as native gas on a production L1 with sub-second finality and fees < $0.01.
- Backing from Bitfinex and Tether; over $1.1B pre-deposited at mainnet launch.
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- Early-stage project heavily concentrated on the Tether/USDT ecosystem.
- B2B infrastructure: not accessible to end consumers.
- No notable sovereignty drawback documented.
Verdict
Score 3.5/5, solid profile. In its favour: uSDT as native gas on a production L1 with sub-second finality and fees < $0.01. The trade-off to weigh: early-stage project heavily concentrated on the Tether/USDT ecosystem.
On the Sovereignty lens the score is 5.0/5 (outstanding): the strength is fund control (5.0/5).
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Who is behind Stable?
Stable is a Layer 1 backed by Bitfinex and Tether, with a $28M seed co-led by Bitfinex and Hack VC. It uses USDT as its gas token.
Can an individual use Stable?
No. It is network infrastructure for USDT payments aimed at developers and businesses, not an end-consumer product.
Sources
- Official service page Data verified on Jul 17, 2026
- theblock.co Data verified on Jul 17, 2026