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StableChain's STABLE token secures and governs the network but users transact entirely in USDT, raising value questions.

Protocol Fundamentals
25 Jul 2026
Crypto news
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Neutral
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StableChain is a Layer 1 blockchain built around Tether's USDT stablecoin, where all transactions and fees are paid in USDT, not the native STABLE token. STABLE serves only for network security—validators stake it to secure the chain—and governance, giving holders voting rights on protocol decisions. This dual-token design removes volatility from user transactions but creates uncertainty about STABLE's value, which depends on governance influence, staking demand, and whether future USDT fees will be routed to token holders. The token's value hinges on governance decisions yet to be made, making STABLE a unique experiment in separating network utility from token value.

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