KuCoin Lists Stable (STABLE): First L1 Blockchain with USDt as Native Gas Token

KuCoin has the listing of Stable (STABLE) on its Spot trading platform. This brings enhanced opportunities for users to interact with a blockchain designed specifically for the USDt ecosystem.

has confirmed the following timeline for the STABLE market debut:

Once spot trading goes live, KuCoin’s suite of Trading Bots will fully support STABLE/USDT. These include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.

For those unaware, Stable introduces the world’s first Layer 1 blockchain purpose-built for the USDt ecosystem. It is optimized for speed, scalability, and compliance. Stable seeks to remove the friction of volatile native gas tokens by using USDt as its native gas token.

This move enables seamless integration with payment processors, on-chain finance, RWA, and enterprise applications.

In a separate development, KuCoin that Stable has officially unveiled its token economics model on December 3 (UTC+8). The STABLE token, serving as the network’s governance token, has a fixed total supply of 100 billion tokens. The allocation is as follows:

The unlock mechanism includes a 4-year linear vesting for team and investors, with a 1-year lock-up period. It also features an 8% immediate unlock for the ecosystem, with the remaining 32% unlocking over 3 years. Notably, full unlock for genesis distribution upon the mainnet launch

The STABLE token will also support governance functions, including validator elections and protocol upgrades.

Notably, the network uses USDT0 as its native gas token, with transaction fees collected in a smart contract-managed treasury. These fees may be distributed to STABLE stakers at the network’s discretion.