Polymarket Shows 85% Odds of Stable Token FDV Exceeding $20B at Launch

Prediction market data suggests high investor confidence as Stable, backed by Bitfinex and Tether, prepares its Dec. 8 mainnet launch with USDT as native gas.

USDT

Summary

Stable, supported by Bitfinex and Tether, will launch its mainnet on Dec. 8, using USDT as native gas for instant settlement. Pre-launch deposits have reached $13.25 billion. On Polymarket, traders assign an 85% probability that Stable’s fully diluted valuation will exceed $20 billion at launch, with an initial token price around $0.032.

Terms & Concepts
  • FDV (Fully Diluted Valuation): A measure of a cryptocurrency’s market capitalization assuming all possible tokens are in circulation.
  • Mainnet: A fully operational blockchain network where real transactions occur, as opposed to test networks used for development.
  • Polymarket: A blockchain-based prediction market platform that allows users to speculate on real-world events.