Stable (STABLE)
Stable (STABLE) is a layer-1 cryptocurrency, running on 4 chains including Stable, Hyperliquid, and Hyperevm. It is available on 8 exchanges we track across 61 countries and US states. It ranks #86 by market capitalization at $757.4M as of September 5, 2026. Data last synced September 2, 2026. Buyability grade D in the United States.
Verified How we verify
Live price
Fetched from CoinGecko when this page loaded. The Key Metrics table below is a dated snapshot from our last sync, so the two figures will differ.
Decide
Four measurements that decide whether buying Stable is straightforward where you live: who is verified to sell it to you, how wide the spread is, how much of its trading sits on one venue, and how much new supply is about to arrive.
Where Stable trades
30.4% of STABLE volume runs through Bithumb.
| Largest venue | Bithumb |
|---|---|
| Its share of reported volume | 30.4% |
| Top 3 venues | 81.4% |
| Herfindahl index | 2,339 |
| Exchanges listing it | 11(8 with volume) |
Key Metrics
| Price | $0.0291 |
|---|---|
| 7-day change | +8.7% |
| 30-day change | −12.6% |
| Market cap | $757.4M (rank #86) |
| Fully diluted valuation | $2.9B |
| 24-hour volume | $9.6M |
| Circulating supply | 26.0B STABLE (26.0% of max) |
| Maximum supply | 100.0B STABLE |
| All-time high | $0.0432 on May 14, 2026, −32.7% since |
More on Stable:Unlock scheduleStaking availability
Key Facts
| Ticker | STABLE |
|---|---|
| Category | layer-1 |
| Chains | StableHyperliquidHyperevmBinance Smart Chain |
| Market cap rank | #86 |
| Official site | stable.xyz |
| CoinGecko | coingecko.com/en/coins/stable-2 |
About Stable
What Stable is
Stable is a layer-1 blockchain built for stablecoin payments, in which the gas token is a dollar stablecoin rather than a volatile network asset. Its documentation describes the chain as "A payments Layer 1 where USDT0 is the native gas token — instant settlement, fully EVM-compatible, no separate gas asset to manage," and the project's site positions it as "Global Infrastructure for Instant USD₮ Payments" (source: Stable documentation and site, read September 2026).
STABLE is the governance token, and USDT0 is the gas token. Stable's mainnet reference lists chain ID 988, a gas token of USDT0 with 18 decimals, and a governance token of STABLE (source: Stable documentation, mainnet information, September 2026). Those are two different assets doing two different jobs, and conflating them is the easiest mistake to make about this chain.
For where STABLE trades and what buying it costs from your country or state, see where to buy Stable and the venues at Exchanges.
How it works
Paying gas in a dollar-denominated asset removes a specific friction rather than a theoretical one. On an ordinary evm chain, a business that wants to send stablecoins must also hold the network's volatile asset, top it up, account for it and explain its price movements. Making the stablecoin itself the gas asset collapses that to a single balance. It also makes fees legible: a fee quoted in a dollar unit does not need converting to be understood.
Stable's headline properties are stated as "Sub-second finality," "Sub-cent fees," "USDT-native gas" and "EVM-equivalent" (source: Stable documentation, September 2026). The documentation describes single-slot finality, meaning a block is final when it is produced rather than after a wait, and gives a mainnet block time of approximately 0.7 seconds. Fees follow "a base-fee-only model priced in USDT0," which is a simpler arrangement than eip 1559's base fee plus priority tip: there is no separate bidding lane for inclusion.
EVM equivalence is the compatibility promise. Contracts, tooling, wallets and libraries written for Ethereum work without modification, which is what makes an erc 20 payment integration portable. Stable exposes an ordinary JSON-RPC endpoint at https://rpc.stable.xyz and a WebSocket endpoint, rate-limited to 1,000 requests per 10 seconds per IP address (source: Stable documentation, mainnet information, September 2026).
The documentation also covers on- and off-ramps, agent settlement and connection tooling as first-class sections, which tells you who the chain is built for: payment operators and automated systems moving dollars, not traders or defi users chasing yield.
Supply and tokenomics
This is where the public documentation stops. The pages read in September 2026 name STABLE as the governance token in the mainnet reference and describe no supply, no allocation, no emissions schedule, no staking mechanism and no fee-sharing arrangement. This page therefore states none of those.
That gap is more consequential than usual because of how the chain is designed. On a normal layer-1, the native asset accrues value through gas demand: more usage means more fees paid in the token. Stable deliberately breaks that link by charging fees in USDT0. Whatever economic claim STABLE has must come from somewhere else, and the documentation read does not say where.
| Item | Value | Source/date |
|---|---|---|
| Network type | Payments layer-1, EVM-equivalent | Stable documentation, September 2026 |
| Chain ID | 988 | Stable documentation, mainnet information, September 2026 |
| Gas token | USDT0, 18 decimals | Stable documentation, mainnet information, September 2026 |
| Governance token | STABLE | Stable documentation, mainnet information, September 2026 |
| Block time | Approximately 0.7 seconds | Stable documentation, mainnet information, September 2026 |
| Finality | Single-slot | Stable documentation, September 2026 |
| Fee model | Base-fee-only, priced in USDT0 | Stable documentation, September 2026 |
| Public RPC rate limit | 1,000 requests per 10 seconds per IP | Stable documentation, mainnet information, September 2026 |
| Consensus mechanism | Unpublished on the pages read | — |
| STABLE total supply | Unpublished on the pages read | — |
| STABLE allocation and emissions | Unpublished on the pages read | — |
~0.7 seconds
Block time
Stable mainnet information, September 2026
988
Chain ID
Stable mainnet information, September 2026
USDT0
Gas token
not STABLE; 18 decimals
History
The idea of paying fees in a stablecoin is not new, but building an entire layer-1 around it is a recent turn. Earlier attempts approached it as an application-layer convenience: a relayer accepts a stablecoin, pays the network's gas in its native asset, and pockets the difference. That works, and it adds a trusted intermediary to every transaction. Making the stablecoin the protocol's own gas asset removes the relayer from the path.
USDT0 as the specific gas asset is the other deliberate choice. It ties the chain's core mechanic to a particular dollar token and its issuer rather than to a basket or a neutral unit, which is a considerable simplification and a considerable dependency at the same time.
Stable's documentation structure records the intended audience as clearly as its marketing does. Sections on ramps, agent settlement and connection tooling sit alongside the technical reference, and there is no prominent DeFi or trading surface. A payments chain that means it looks like this.
Risks and what to watch
Issuer dependency is structural. A chain whose gas asset is a specific dollar stablecoin depends on that stablecoin's issuer remaining solvent, willing and able to operate. A depeg, a freeze, or a blacklisting policy applied to the gas asset is not an application-level inconvenience on this chain; it is a network-level event.
Validator and consensus details are unpublished on the pages read. Sub-second single-slot finality implies a Byzantine fault tolerant design with a known validator set, and the size, identity and permissioning of that set determine the chain's real decentralization. Those are the first things to look for as documentation expands.
An unpublished token supply is a genuine gap. Without a total supply, an allocation and a vesting schedule, a holder cannot size dilution or an upcoming unlock on a chain whose token has no fee-demand backstop.
Finally, remember what EVM equivalence does and does not carry over. Contracts port, and so do contract bugs, token approval hazards and phishing patterns. A faster, cheaper chain does not make an approval you granted any safer.
Frequently asked questions
Do you pay gas in STABLE?
No. Stable's mainnet reference lists USDT0 as the gas token with 18 decimals, and STABLE as the governance token. Fees follow a base-fee-only model priced in USDT0.
How fast is Stable?
Its documentation gives a block time of approximately 0.7 seconds with single-slot finality, meaning a block is final when produced rather than after a confirmation wait.
Is Stable EVM compatible?
Yes. The documentation describes the chain as EVM-equivalent and exposes standard JSON-RPC and WebSocket endpoints, so Ethereum contracts and tooling work without modification.
What is STABLE's total supply?
Stable's documentation does not publish one on the pages read in September 2026, and this page states none. Read it from the data on this page or from a current Stable disclosure.
Where can you buy Stable?
Availability depends on your country or US state. See where to buy Stable for the venues serving your jurisdiction, and Exchanges to compare fees and kyc requirements.
Where to Buy Stable
We publish a ranked exchange comparison for Stable in 17 countries and US states.
| Exchange | Locations | KYC | Action |
|---|---|---|---|
| Kraken | 60 | Required | Visit Kraken |
| KuCoin | 17 | Required | Visit KuCoin |
| MEXC | 16 | Required | Visit MEXC |
| BingX | 15 | Required | Visit BingX |
| Bitget | 14 | Required | Visit Bitget |
Guides
- Self-Custody vs Exchange Custody: How to Decide
Deciding between self-custody and exchange custody means choosing which failure you would rather be exposed to, a company that loses or freezes your assets or a mistake of your own that nobody can undo, and most people resolve it by splitting holdings rather than picking one for everything.
- How to Verify a Token Contract Address Before You Buy
A token's contract address is its only real identity, so verifying one means getting the address from the project's own official channel, confirming the same address independently from a second source, and checking on a block explorer that the contract is what it claims to be before you trade against it.
- Choosing Your First Crypto Wallet
Choosing a first wallet comes down to one question, whether a company holds your keys or you do, and the right answer depends on how much you hold, how often you move it, and how confident you are about storing a recovery phrase safely for years.
Availability questions
- What is Stable?
- Stable is the first Layer 1 blockchain purpose-built for the USDT ecosystem, leveraging USDT as the native gas token to remove friction from volatile gas fees.
- Where can I buy Stable?
- 8 exchanges we track list Stable for residents of 61 countries and US states. See the location-by-location guide.
- Which blockchain is Stable on?
- Stable runs on 4 chains including Stable, Hyperliquid, and Hyperevm.