Blockchain with Tether Design should serve financial giants

A new blockchain initiative, which is supported by the forces behind Tether and Bitfinex, takes shape-an initiative that focuses on private crypto users and firmly on the institutional financial world.
Tether-bound blockchain “Stable” is aimed at institutions with a USDT-based network
The project with the simple name “Stable” is still under development, but is already attracting attention due to its direct connection to USDT, the most frequently used stable coin worldwide.
Although still anonymous, the team behind Stable describes itself as a mixture of protocol engineers, fintech insiders and experienced crypto founders. What distinguishes this project is its unconventional approach to network fees: Instead of traditional gas tokens, Stable Usdt will use the only currency to cover transaction costs. Paolo Ardoinino, CEO from
Tether, the company also advises and gives its company -oriented ambitions additional credibility.
Instead of addressing individual users or enthusiasts of decentralized financial services, Stable wants to become an infrastructure level for financial institutions. One of the most important sales arguments is the introduction of “Enterprise Lanes” – dedicated paths, which are designed for the faster and more reliable handling of transactions with a high priority.
According to an early post on the official X account of the project, the developers want to fix their weaknesses in the current blockchain ecosystems in their opinion: inconsistent performance, high fees and fragmented scalability. “Usdt moves over $ 100 billion a day, but the rails on which it runs are often unreliable for institutional transactions,” the explanation says.
This step also takes place against the background of a tightening competition in the field of stable coins. With a market capitalization of over $ 154 billion, Tether remains dominant, but Circle's USDC – with a value of around $ 61 billion – has gained in dynamics, especially after the successful IPO of Circle on the New York Börse.
If Stable complies with his promises, it could establish itself as the blockchain for institutional financial transactions with high volume, driven by exactly the stablecoin, which has become synonymous for global liquidity in the crypto sector.