Layer 1 public chain Stable launches mainnet and initiates airdrop, allocates $100 million to RWA tokenization track

Dedicated to building a native settlement layer for stablecoins, the Layer 1 public blockchain Stable officially announced the launch of its mainnet, StableChain, on December 8. The announcement also introduced the independent Stable Foundation, aimed at driving ecosystem growth, and its native utility token, STABLE. Even more noteworthy, Stable and its partners recently announced a joint investment of over $100 million in the tokenized US Treasury strategy ULTRA, highlighting their grand vision of bridging traditional finance and the crypto world. These developments mark the transition of a USDT-powered, payment-focused blockchain into real-world application, potentially reshaping the landscape of global payments and asset tokenization.

Stable Mainnet Launches, Building a Payment-Centric Dedicated Chain

On December 8, the crypto industry welcomed a new player focused on the stablecoin payments sector. The Stable project officially launched its mainnet, StableChain, which is not just the birth of a new blockchain but a complete realization of the idea of “efficient settlement with stablecoins as native assets.” Unlike many general-purpose public chains, StableChain has been designed from the outset to focus on payments, remittances, and cross-border transactions, with its most distinctive feature being the direct use of USDT as the native gas token for the network.

This design, while seemingly simple, directly addresses user experience pain points. It completely eliminates the cumbersome need for users to hold volatile assets (such as Ethereum) to pay transaction fees when transferring stablecoins. For ordinary users and merchants, this means a much-simplified payment experience and improved cost predictability—key steps for driving mass adoption of stablecoins in everyday payments. Previously, the network’s pre-deposit campaigns attracted initial market validation, with more than 24,000 wallets depositing over $2 billion in total across two phases, indicating strong demand for a dedicated stablecoin payment chain.

At the same time, to ensure the network’s long-term, decentralized development and governance, the Stable Foundation was also announced. The foundation will serve as the “helmsman” of the ecosystem, supporting developers and the community through grants, organizing governance votes, and providing educational resources, thereby strengthening infrastructure. This lays a solid organizational foundation for the sustainable growth of StableChain, enabling it to develop in a more transparent and community-driven manner.

STABLE Tokenomics Revealed, Airdrop Launched for Early Contributors

With the mainnet launch, the core of Stable’s ecosystem governance and incentives—the STABLE token—was also officially unveiled. According to the tokenomics released on December 3, STABLE has a fixed total supply of 100 billion and will not be used as the network gas fee, making its function purely focused on network governance and security. STABLE holders will be able to participate in protocol governance votes and contribute to network security.

Key token allocation data:

• Ecosystem & Community: 40%, for developer grants, liquidity incentives, partner programs, and community development.
• Team & Contributors: 25%, allocated to the founding team, engineers, and researchers.
• Investors & Advisors: 25%, for strategic partners supporting network growth.
• Initial Activity Allocation: 10%, for liquidity bootstrapping and community activation at mainnet launch.

Of note, the project has simultaneously launched the STABLE token airdrop claim on December 8. The airdrop is designed to reward users who participated in the early staking phases and contributed to ecosystem development. Eligible claimants mainly include two participant categories: first, holders of vault certificates from the two pre-deposit phases; and second, users who further deployed these certificates into integrated DeFi protocol vaults such as Morpho, Pendle, and Uniswap. The claim window will remain open until March 2, 2026, giving participants ample time to verify and claim. Market analysts believe that airdrops targeting real capital and active ecosystem participants can more effectively distribute tokens to genuine network supporters, helping to build a healthy initial community.

Over $100 Million Invested in RWA, Anchoring Real-World Asset Expansion

If the mainnet launch is the construction of a “payment superhighway,” Stable’s asset-side layout is intended to bring in a rich “flow of goods.” Just days before the mainnet launch, Stable and full-stack platform Theo jointly announced an investment of over $100 million in the tokenized US Treasury strategy ULTRA. ULTRA, rated AAA by Particula, has attracted attention as one of the few tokenized treasury products on the market to receive this top rating.

This move is of profound strategic significance. First, it directly ties StableChain’s ecosystem to the trillion-dollar real-world asset (RWA) sector. Institutional users will soon be able to conveniently access institutional-grade short-term US Treasuries represented by ULTRA within the Stable ecosystem via Theo’s thBILL product. This positions StableChain to attract large-scale institutional capital and high-end financial use cases. Second, it reflects the Stable team’s forward-looking view of industry trends: the future of on-chain finance is not just a closed crypto loop, but a new era of seamlessly integrating high-quality traditional assets on-chain. By investing in and integrating top-tier RWA assets, Stable has found a highly differentiated and attractive entry point in the increasingly competitive public chain landscape.

Stablecoin Payment Sector Heats Up—How Will Stable Stand Out?

StableChain’s debut comes at a time when both stablecoin payment applications and the RWA narrative are booming. From PayPal’s launch of PYUSD to major financial institutions exploring blockchain settlement, both traditional payment giants and crypto-native projects are vying for the commanding heights of next-generation payment infrastructure. Against this backdrop, Stable’s differentiated strategy is clear: rather than being an all-encompassing “world computer,” it aims to be a “payment settlement specialist” focused on a vertical domain.

Its design of using USDT as the native gas lowers the barrier for users; partnerships with compliant custodians and payment providers like Anchorage Digital pave the way for institutional participation; and heavy investment in RWA brings robust assets linked to traditional financial returns into the ecosystem. Together, these initiatives form a complete closed loop from settlement at the base layer to asset-side applications at the top. Of course, as a newcomer, Stable still faces challenges such as network effects, developer community building, and integration with existing DeFi ecosystems. Its success will depend on whether it can attract sufficient real payment transactions and quality assets to settle on-chain.

The launch of the Stable mainnet and the release of the STABLE token are not just another rerun of a public chain story. They represent a more pragmatic and focused direction for industry development: deeply optimizing specific scenarios (like payments) while actively embracing external traditional assets (such as RWA) to build a blockchain network with real utility and appeal. As the crypto market shifts from speculation to utility, each step taken by Stable aligns with critical trend inflection points. Whether it can become the bridge linking tens of billions in stablecoin liquidity with trillions in traditional financial assets is worth ongoing attention from industry observers. This revolution in payment efficiency and asset tokenization may have only just begun.