Everyone gather around, looks like deposits are about to open. Let me break down this project for you: @stable is a Layer 1 blockchain centered around Tether (USDT), supported by Bitfinex and Tether. The project completed a $28 million seed round in July 2025, led by Bitfinex and Hack VC, aiming to drive USDT adoption and enable on-chain payments. Core business includes: Stablecoin-optimized blockchain: Stable uses USDT as a gas token (transaction fee token) to enable faster and cheaper P2P transfers (free), targeting institutional and retail payment scenarios. This addresses the high fees and delays in stablecoin transactions on traditional blockchains like Ethereum. Ecosystem integration: Already integrated PayPal’s PYUSD stablecoin (September 2025) and plans to collaborate with Morpho Labs to offer lending features. The project’s Phase 1 roadmap has been released, focusing on unlocking the potential of stablecoins. Backing and positioning: Supported by Tether (the world’s largest stablecoin with a 70% market share) and Bitfinex (a well-known exchange), emphasizing stability and reliability. This gives it a competitive edge in DeFi and payment sectors, similar to other stablecoin-specific chains like Plasma, which supports USDT0.