Stable, a blockchain platform backed by Bitfinex and PayPal Ventures, has launched its STABLE token airdrop today through Merkl and Stargate Finance distribution systems.

The project has also rolled out its USDT-native layer 1 blockchain, StableChain, designed to optimize stablecoin settlements with high volume and predictability.

StableChain aims to revolutionize how stable values are transferred globally, addressing the inefficiencies of existing systems and establishing a foundation primarily focused on stablecoin transactions.

The launch is supported by a robust ecosystem including partners like USDT0, Curve Finance, Allium, PayPal, Transak, and WalletConnect, all committed to fostering a scalable, trustworthy, and compliant stablecoin infrastructure.