Stable’s Infrastructure for On-Chain Stablecoin Payments Now Live

Stable officially activated StableChain, an L1 blockchain optimized for payments and financial transactions using stablecoins, primarily USDT. The Stable Foundation was established to oversee network development and protocol governance, and the utility token STABLE was unveiled.

The Stable Foundation will be responsible for expanding the StableChain ecosystem, supporting communities, distributing grants, driving educational initiatives, and contributing to protocol governance. The foundation is expected to play a key role in ensuring the network’s resilience and long-term growth.

STABLE is designed to secure the network and enable participation in protocol governance. Token holders will be able to vote on network development parameters and contribute to its decentralized security.

With the launch of the StableChain mainnet, the company aims to expand the use of stablecoins in payment infrastructure, enabling integration at both institutional and retail levels. According to Stable CEO Brian Mehler, the project is intended to become the foundation of a “real on-chain economy,” where fast and reliable digital payments are accessible to businesses and individual users alike.

The launch follows a successful on-chain deposits campaign held before the mainnet release — over two phases, more than $2 billion was deposited to StableChain addresses by over 24,000 users. The scale of the deposits highlights strong demand for specialized stablecoin infrastructure.

StableChain was first announced in early July 2025.