The StableChain launch introduces a USDT-powered layer-1 blockchain by Tether-backed Stable protocol, enabling efficient stablecoin transactions with gas fees paid in USDT. Backed by a $28 million seed round from investors like Bitfinex and Hack VC, it separates network security from USDT settlements, following a $2 billion pre-deposit campaign. StableChain utilizes USDT for gas fees, [...]