Stable has published an updated white paper that lays out a blockchain infrastructure model built around stablecoins. Unlike traditional public chains that treat stablecoins as application-layer assets, Stable says it will use USDT as the network’s native gas asset and main settlement asset, so users can complete transactions without holding an additional volatile token.
The white paper also says the network will support PayPal-issued PYUSD as a first-tier settlement asset.
Token supply and circulating amount
STABLE has a total supply of 100 billion tokens. Of that amount, about 18 billion tokens, or 18% of total supply, were already in circulation at token generation. That figure includes a 10% Genesis Distribution and an 8% first-day unlock for the foundation.
The remaining 82 billion tokens, representing 82% of the total supply, were placed into a Universal Lock.
Seven-stage unlock schedule
The white paper shows that the 82 billion locked tokens will follow a unified release mechanism across seven stages:
- Stage 1: 5%, or 4.1 billion tokens, on Dec. 8, 2027
- Stage 2: 5%, or 4.1 billion tokens, on March 8, 2028
- Stage 3: 10%, or 8.2 billion tokens, on June 8, 2028
- Stage 4: 15%, or 12.3 billion tokens, on Sept. 8, 2028
- Stage 5: 15%, or 12.3 billion tokens, on Dec. 8, 2028
- Stage 6: 20%, or 16.4 billion tokens, on March 8, 2029
- Stage 7: 30%, or 24.6 billion tokens, on June 8, 2029
All locked tokens will be unlocked through daily linear releases, with full circulation expected by Dec. 8, 2029 at the latest.
Price protection clause
The white paper includes a price protection mechanism. If the token’s volume-weighted average price during the 30 days before a scheduled unlock date is below $0.025, the relevant unlock stage can be delayed by up to nine months.