The Stable platform represents a new approach to blockchain usage, allowing users to pay transaction fees in USDT. This project aims to make blockchain more accessible and user-friendly, particularly for users in developing markets.
Innovation in Blockchain Payments
Stable is the first Layer 1 blockchain where users can pay fees using USDT. Unlike most existing blockchains, where users must employ different tokens just to pay fees, Stable's system allows users to pay directly in USDT. The team behind Stable has noted that peer-to-peer transactions will be completely free, which is especially vital for users in regions with high demand for stablecoins.
Addressing Current Blockchain Issues
Current blockchains are often difficult to use, expensive, and slow. The new project aims to address these issues by offering simple and fast ways to convert regular money into USDT. Additionally, smart contracts operating in dollar values and wallets that do not require gas fees are planned.
Appeal to Institutions and Users
Stable is designed for both large companies and everyday users. Businesses can leverage Stable's tools to work with digital dollars without unnecessary steps or costs. Meanwhile, users can send and receive money easily and at no cost. The project team emphasizes that users will not be required to learn how the blockchain works; they will simply use user-friendly applications.
Stable represents a new solution in the blockchain technology sector, focusing on user convenience and reducing transaction costs. This may lead to wider acceptance of stablecoins and simplify financial transactions.