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Stable Launches New Dollar Stablecoin For Blockchain Payments

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Stable Launches New Dollar Stablecoin For Blockchain Payments | 3verseTV
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Stable, the blockchain platform supported by Tether and Bitfinex, has shared details of its new STABLE token ahead of its mainnet launch on December 8.

The token is designed to help run the network safely and allow holders to vote on important decisions, but it will not be used to pay for everyday transactions. All transactions on the network will continue to be settled in USDT.

Before the mainnet launch, Stable ran two pre-deposit campaigns to allow users to deposit stablecoins in exchange for future rewards. Together, the campaigns raised over $1.1 billion from more than 10,000 wallets.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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