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STABLE Stable releases v2.0 white paper: 82% of STABLE supply will be unlocked starting in December 2027.
Stable, a Layer 1 blockchain focused on USDT, has released version 2.0 white paper, explaining major changes in network design and token economics. The document confirms that the main network will use USDT as a native gas token and main payment asset, while also supporting PayPal's PYUSD stablecoin. The project is positioning itself as a stablecoin payment infrastructure platform for institutional investors, focusing on AI proxy payments, inter-company settlements, and cross-border transactions.
Token Economics and Unlock Program
According to the white paper, only 18% of the total supply of STABLE tokens is currently in circulation. The remaining 82% is planned to be gradually unlocked starting from December 2027 and is expected to achieve full circulation by December 2029. However, the unlock schedule includes a contingency clause: If STABLE's 30-day volume-weighted average price (VWAP) falls below $0.025, the unlock plan for some supplies may be delayed for up to nine months. This mechanism is designed to relieve selling pressure during the distribution phase and protect token price stability.
Strategy focuses on institutional payments
Stable's transformation into institutional payment infrastructure is noteworthy. By using USDT as a native gas token, the network aims to simplify transaction fees for users who already hold USDT, eliminating the need to obtain a separate network token for gas. The inclusion of PayPal's stablecoin PYUSD demonstrates its intention to open up the traditional financial and digital asset ecosystem. The emphasis on AI proxy payments is particularly forward-looking because automated systems increasingly require frictionless, low-cost settlement mechanisms.
Why it matters
This white paper marks the maturity of the stablecoin payment space, with the network increasingly tailored to institutional needs rather than retail speculation. The unlocking plan is a critical detail for investors and users as it will affect future token supply dynamics. VWAP-based deferral clauses introduce a unique protection measure that may affect market behavior. For companies evaluating stablecoin infrastructure, Stable's approach provides a case study of how blockchain networks can adapt to real-world payment needs.
Conclusion
Stable's v2.0 white paper represents a strategic evolution of payments to institutional stablecoins, with USDT at the heart of its network design. The extended unlock program, coupled with a price-based delay mechanism, reflects careful planning to manage token distribution. As the project moves towards the 2027 unlocking timeline, its success will depend on adoption by institutional customers and the broader stablecoin ecosystem.
FAQs
Q1: What is the unlocking plan for STABLE tokens?
Only 18% of STABLE tokens are currently in circulation. The remaining 82% will be unlocked in December 2027 and will be fully circulated by December 2029. If the 30-day VWAP falls below $0.025, partial unlocking may be delayed.
Q2: How will USDT be used on the Stable network?
USDT will serve as the native gas token and main payment asset on the Stable mainnet, which means users will use USDT to pay transaction fees. The network will also support PYUSD.
Q3: What is Stable's target market?
Stable focuses on institutional investors and use cases such as AI proxy payments, inter-enterprise settlements, and cross-border payments, positioning itself as a stablecoin payment infrastructure platform.
