A new blockchain initiative backed by the forces behind Tether and Bitfinex is taking shape—one that’s turning its focus away from retail crypto users and setting its sights firmly on institutional finance.
Tether-Linked Blockchain ‘Stable’ Targets Institutions with USDT-Powered Network
Dubbed simply “Stable,” the project is still under development but already drawing attention due to its direct link to USDT, the world’s most widely used stablecoin.
Though still cloaked in anonymity, the team behind Stable describes itself as a blend of protocol engineers, fintech insiders, and seasoned crypto founders. What sets this project apart is its unconventional approach to network fees: instead of traditional gas tokens, Stable will use USDT as the sole currency for covering transaction costs. Tether CEO Paolo Ardoino is also advising the venture, adding further credibility to its enterprise-focused ambitions.
Rather than catering to individual users or decentralized finance enthusiasts, Stable aims to become an infrastructure layer for financial institutions. One of its core selling points is the introduction of “enterprise lanes”—dedicated pathways designed to handle high-priority transactions with greater speed and reliability.
According to an early post on the project’s official X account, the developers are aiming to solve what they see as core weaknesses in current blockchain ecosystems: inconsistent performance, high fees, and fragmented scalability. “USDT already moves over $100 billion daily, yet the rails it runs on are often unreliable for institutional-grade operations,” the statement read.
This move also comes as competition in the stablecoin arena heats up. Tether, with a market cap exceeding $154 billion, remains dominant, but Circle’s USDC—valued at around $61 billion—has gained momentum, particularly following Circle’s successful public listing on the New York Stock Exchange.
If Stable delivers on its promises, it could carve out a niche as the go-to blockchain for high-volume institutional finance, powered by the very stablecoin that has become synonymous with global liquidity in crypto.
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