Stable, a new Layer 1 blockchain project, has emerged from stealth mode with backing from crypto exchange Bitfinex and USDT0, the issuer of Tether (USDT). The blockchain is designed to use USDT as its native gas token, enabling free peer-to-peer USDT transfers and smart contract execution with stablecoins. Tether CEO Paolo Ardoino is advising the project, which is targeting financial institutions rather than retail users. The platform will integrate Edge Price Oracles to provide ultra-low-latency, risk-aware price feeds. Industry observers highlight stablecoins as a key driver for mass crypto adoption, with $33 trillion in transaction volume over the past 12 months, and view fully U.S.-regulated stablecoins as potential allies for government financial resilience. The adoption of stablecoins is also seen as a catalyst for growth in Ethereum (ETH), with expectations for increased activity on the network. Meanwhile, venture capital interest is growing in stablecoins that tokenize real-world assets such as U.S. Treasury bills to offer yield, positioning stablecoins as emerging on-chain banking alternatives competing with traditional banks and FinTech firms.