Stable update white paper: 82% of STABLE tokens locked up until the end of 2029

Comparatively, Stable released an updated white paper. Its core design concept is to rebuild blockchain infrastructure around stablecoins. Unlike traditional public chains that use stablecoins as application-layer assets, Stable uses USDT as a native gas asset and the main settlement asset, and users can complete transactions without holding additional volatile tokens. At the same time, the network supports PYUSD issued by PayPal as a Tier 1 settlement asset.

In terms of token economy, STABLE has a total supply of 100 billion coins. Of these, approximately 18 billion (18%) were in circulation at the time of token generation, including 10% of Genesis Distribution and 8% of foundations unlocked on the first day; the remaining 82 billion (82%) entered the Universal Lock (Universal Lock).

According to the white paper, 82 billion locked tokens will be gradually unlocked in 7 stages using a unified release mechanism:

Phase 1:5% (4.1 billion pieces) released on December 8, 2027

Phase II: 5% (4.1 billion pieces) released on March 8, 2028

Phase 3:10% (8.2 billion pieces) released on June 8, 2028

Phase 4:15% (12.3 billion pieces) released on September 8, 2028

Phase V: 15% (12.3 billion pieces) released on December 8, 2028

Phase 6:20% (16.4 billion pieces) released on March 8, 2029

Phase 7:30% (24.6 billion pieces) released on June 8, 2029

All locked tokens will be unlocked through daily linear releases, and all are expected to be in circulation by December 8, 2029 at the latest. Additionally, the white paper establishes a price protection mechanism. If the token's volume-weighted average price falls below $0.025 30 days before the designated release date, the relevant unlock phase can be extended for up to 9 months.