Tether Partners with Bitfinex to Launch ’Stable’ Blockchain Using USDT as Gas, Reinforcing Stablecoin Dominance and Enterprise Adoption
Tether, the issuer of USDT, is expanding its stablecoin leadership by partnering with Bitfinex to launch a new blockchain, ’Stable’. This new enterprise-focused platform will use USDT as its native gas token, representing a notable strategic shift towards broader institutional adoption. Tether generated $432.5 million in revenue over the last 30 days, greatly exceeding competitors like Circle, and currently supports over $1 trillion in monthly on-chain USDT transfers, reflecting its dominant role in stablecoin liquidity and blockchain transactions.
Tether’s CEO Paolo Ardoino is actively advising the Stable project, which builds on Layer Zero’s infrastructure and is developed by a team of experienced yet anonymous blockchain engineers. The aim is to incentivize stablecoin use among businesses, increase transactional efficiency, and unlock use cases beyond retail payments. Combined with industry-leading fees and transaction volumes—especially on the Tron network—and strategic Bitcoin reserve management, these developments place Tether at the forefront of digital asset infrastructure.
The launch of Stable is expected to accelerate enterprise adoption of USDT, spark innovation from competitors, and deepen stablecoin integration in traditional financial systems. For crypto traders, these advancements present strong bullish signals for USDT, with potential for increased trading activity and further network effects in the Tether ecosystem.
Bullish
The launch of the ’Stable’ blockchain utilizing USDT as gas, paired with Tether’s record revenue and high transaction volumes, signals increased institutional and enterprise adoption of USDT. This enhances the utility and liquidity of USDT, which is likely to drive increased demand and trading volumes for the stablecoin. Tether’s strategic moves, including collaboration with Bitfinex and leveraging Layer Zero infrastructure, position it as a leader in both stablecoin and blockchain innovation. Historically, such expansions and integrations have been associated with stronger network effects and increased market confidence, particularly benefiting the token at the center of these developments (USDT). Thus, these factors suggest a bullish outlook on USDT both in the short and long term.