Stable launches StablePay for global USDT payments and yield earning

The STABLE blockchain, dedicated to Tether's USDT, said the mobile app supports free transfers around the clock using StableName, email addresses or phone numbers.

USDT

Summary

STABLE said on July 15 that it launched StablePay, a mobile application for Tether transfers on its USDT-only blockchain. The app is available on Apple's App Store and Google Play and is designed to let users send and receive Tether anywhere in the world 24 hours a day at no cost. Users can make transfers using a StableName, an email address or a phone number instead of a wallet address. The launch adds distribution details and payment functionality to StablePay as the company pushes to make stablecoin transactions easier for everyday use.

Terms & Concepts
  • USDT-only blockchain: A blockchain designed specifically to support transactions in Tether's USDT token.
  • StableName: A transfer identifier that lets users send funds without entering a traditional wallet address.
  • wallet address: A unique string used to send or receive digital assets on a blockchain.