Bitfinex-Backed Stable Unveils STABLE Tokenomics Ahead of Mainnet Launch
Stable, the blockchain platform backed by Tether and Bitfinex, has revealed the tokenomics for its native STABLE token. The fixed supply of 100 billion tokens will power network governance and security through a delegated proof-of-stake mechanism called StableBFT.
Validators must stake STABLE tokens to participate, ensuring economic alignment. Token holders gain voting rights on protocol upgrades and reserve allocations—though notably, STABLE won’t function as a payment asset. Transactions will continue using USDT.
The MOVE signals Stable’s focus on creating a scalable infrastructure for high-volume stablecoin transfers while maintaining decentralized governance. Market observers note the design mirrors hybrid approaches seen in projects like Ethereum’s transition to PoS.
