What Is Stable?

1. What Is Stable?

Stable is a blockchain-based digital asset designed to maintain a consistent value over time. Unlike volatile cryptocurrencies, Stable assets are structured to minimize price fluctuations, making them suitable for payments, savings, and financial applications.

Stable tokens are commonly used as a medium of exchange and unit of account within Web3, providing predictable value while operating entirely on-chain.

2. Why Stable Was Created

Cryptocurrency volatility limits everyday use cases such as payments, payroll, and lending. Rapid price swings make it difficult for users and businesses to plan or transact confidently.

Stable was created to address this problem by offering price stability within blockchain ecosystems. Its purpose is to combine the reliability of traditional money with the transparency and programmability of blockchain technology.

3. How Stable Works

1. The Stable asset is issued using predefined on-chain rules.
2. Its value is pegged to an external reference, such as a fiat currency.
3. Backing may include collateral, reserves, or algorithmic mechanisms.
4. Smart contracts manage issuance, redemption, and supply adjustments.
5. Market incentives help keep the price close to its target value.
6. Users transact with Stable tokens across supported blockchain networks.

4. Key Features of Stable

• Designed for price stability
• On-chain issuance and transparency
• Lower volatility compared to traditional cryptocurrencies
• Compatible with DeFi and payment systems
• Fast and low-cost blockchain transactions
• Programmable via smart contracts

5. Who Can Use Stable?

• Retail users making everyday crypto payments
• Traders seeking a stable store of value
• DeFi users participating in lending and liquidity pools
• Businesses accepting blockchain-based payments
• DAO treasuries managing predictable on-chain funds

6. What Is the $TOKEN?

Stable assets may be accompanied by a separate governance or utility token that manages protocol parameters such as collateralization, fees, or risk controls. This token typically absorbs volatility while the Stable asset maintains its peg.

In some designs, Stable operates without a separate governance token, relying instead on transparent rules and reserve management to maintain stability.