Stable's innovative payment network, backed by major investors, aims to leverage Tether's USDT as a gas token for efficient transactions.
Stable has completed a $28 million seed funding round led by Bitfinex and Hack VC, with support from Franklin Templeton and Castle Island Ventures. The project plans to utilize USDT as a gas token to establish a fast, low-cost payment network, with a roadmap that includes phases for gas payments, enterprise-level guarantees, and developer tools.