Stable L1 unveils STABLE tokenomics, mainnet launch set for December 8

The chain is pitched as payments‑first infrastructure, using a delegated proof‑of‑stake variant called StableBFT and a separate governance‑and‑security token rather than a payments coin.

STABLE’s supply is fixed at 100 billion. Holders will be able to delegate to validators to secure the network and vote on protocol upgrades and ecosystem allocations. The team emphasized that end users will transact and settle in USDT on the network; STABLE is not intended for everyday payments but for staking, governance and long‑term incentives.

At genesis, 10% of supply is reserved for community distribution to bootstrap liquidity and participation, 40% for developer grants and partnerships, and 25% each for the team and early investors. Team and investor allocations carry a one‑year cliff and four‑year vesting. Stable said it does not plan inflationary emissions; staking rewards are to be funded by a share of USDT‑denominated network fees accumulated in a protocol vault and distributed to delegators. Upcoming milestones ahead of launch include validator onboarding, initial governance activation and developer tooling integrations.

Since October, the project has run two pre‑deposit campaigns allowing users to lock stablecoins for future rewards tied to STABLE and ecosystem programs. The first round drew criticism on X after large wallets appeared to deposit before the public announcement, sparking concerns about insider advantages and limited space for smaller participants. In response, the second round introduced per‑wallet caps and additional eligibility checks intended to curb concentration. On November 15, the team said phase two closed with more than 10,000 verified wallets and over $1.1 billion deposited.

With tokenomics disclosed and a timetable in place, Stable is positioning its chain as purpose‑built rails for high‑volume stablecoin settlement while separating governance and security into the STABLE asset. The project argues the model supports predictable fees, clearer incentives for validators and delegators, and a cleaner separation between user payments and network control.

As GNcrypto wrote previously, S&P Global cut USDT’s stability score to “5 (weak),” pointing to a rising share of risk assets in reserves (including bitcoin at about 5.6%), limited transparency on counterparties and constraints around direct redemptions and asset segregation. Tether CEO Paolo Ardoino pushed back, arguing bank‑era models miss how crypto issuers operate and saying Tether remains overcapitalized and has maintained its peg through multiple stress events. The company emphasized that most reserves are in U.S. Treasuries and other liquid instruments while continuing selective diversification into real‑world assets such as gold.