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Bitfinex-Backed ‘Stable’ Blockchain to Use USDT for Gas Fees

  • Crypto exchange Bitfinex-backed 'Stable' blockchain to use USDT for gas fees, supported by Tether-affiliated firm, USDT0.
  • Stable network designed for institutional finance, with Tether CEO Paolo Ardoino advising the initiative.
  • Stable blockchain focuses on financial institutions, introducing 'enterprise lanes' for low-latency, high-throughput transactions.
  • Stable aims to provide a more predictable and efficient environment for stablecoin-powered transfers with USDT settling over $100 billion daily.

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