Stable Whitepaper 2.0 Outlines USDT Gas, 100 Billion Token Supply and 2029 Unlock Plan

Stable has released version 2.0 of its whitepaper, setting out a new roadmap for an EVM-compatible Layer 1 blockchain built specifically for stablecoin payments and settlement.

The updated document describes Stable as institutional-grade infrastructure centered on USDT, which functions as the network’s native gas and primary settlement asset. The network also supports PayPal’s PYUSD, giving users another stablecoin option for transactions.

The whitepaper sets a fixed supply of 100 billion governance tokens, with 18% currently circulating and 82% locked under a multi-year release schedule running through 2029.

Stable says its long-term focus will be institutional payments, cross-border transfers, enterprise settlement, and emerging use cases involving artificial intelligence agents.

Stable Places USDT at the Center of Its Network

Version 2.0 reinforces Stable’s strategy of building a blockchain specifically for stablecoin settlement rather than general-purpose computing.

The network’s mainnet went live in early December 2025 after a pre-deposit campaign that reportedly attracted billions of dollars from tens of thousands of wallets.

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The project is targeting an expanding stablecoin economy whose total circulating value has surpassed $300 billion, underscoring why payment-focused infrastructure is drawing more attention across the sector.

A defining feature of Stable’s design is the use of USDT as native gas. On most blockchains, users need a separate network token to pay transaction fees. Stable removes that requirement by allowing USDT to be used directly for gas.

The model is intended to simplify transactions for users and businesses while eliminating exposure to the price volatility of a separate gas token.

PYUSD, issued by Paxos, is also supported as a settlement asset. Stable says this gives users access to USDT’s deep liquidity and PYUSD’s regulated issuance without requiring them to leave the network.

Stable Targets Institutional Payments

The updated whitepaper places substantial emphasis on institutional adoption.

Stable describes developer APIs, predictable settlement infrastructure, and treasury management tools designed for banks, payment processors, and remittance companies.

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The network’s architecture is intended to provide settlement that is more predictable than traditional blockchain systems, where transaction costs can fluctuate significantly.

By using USDT for gas, Stable aims to make transaction costs easier to understand and manage, particularly for businesses processing large numbers of payments.

The project is also positioning the network for international transfers and digital-dollar settlement as stablecoins become more deeply integrated into global financial infrastructure.

Stable Token Supply Reaches 100 Billion

Stable’s native governance token has a fixed maximum supply of 100 billion tokens.

According to the updated whitepaper, 18% is currently circulating while the remaining 82% remains locked.

The allocation is divided into four categories:

• Genesis Distribution: 10%, or 10 billion tokens
• Ecosystem \u0026 Community: 40%, or 40 billion tokens
• Team: 25%, or 25 billion tokens
• Investors \u0026 Advisors: 25%, or 25 billion tokens

The total allocation equals 100%, representing the full 100 billion token supply.

Token Unlocks Extend Through 2029

The locked 82 billion tokens will be released through seven scheduled unlock floors beginning in late 2027.

The first floor begins on Dec. 8, 2027, releasing 5% of the locked pool.

The second floor begins on Mar. 8, 2028, with another 5%, followed by 10% on Jun. 8, 2028.

The fourth floor begins on Sep. 8, 2028, releasing 15%, while another 15% becomes available on Dec. 8, 2028.

The sixth floor starts on Mar. 8, 2029, with 20%, followed by the final 30% beginning on Jun. 8, 2029.

All remaining locked tokens are scheduled to be released by Dec. 8, 2029.

Each unlock is designed to occur linearly over approximately six months.

$0.025 Price Trigger Could Delay Unlocks

The token distribution schedule includes a mechanism designed to respond to market conditions.

If the token’s 30-day volume-weighted average price falls below $0.025 on the day before a scheduled unlock floor begins, that unlock can be delayed by three months.

Delays can accumulate for as long as nine months. However, the mechanism cannot push the final release beyond Dec. 8, 2029.

AI Agents Emerge as a Key Use Case

Stable’s whitepaper identifies three major use cases: AI agent payments, enterprise settlements, and cross-border transfers.

AI agents could benefit from a system where USDT serves as both the payment asset and gas token. This removes the possibility of an autonomous agent running out of a separate gas token while attempting to complete a transaction.

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The network also highlights sub-second finality as an important feature for machine-to-machine commerce and pay-per-request transactions.

Stable says scoped spending controls could additionally allow businesses to establish defined budgets for autonomous agents.

EVM Infrastructure Built for Stablecoin Settlement

Stable operates using a custom delegated proof-of-stake consensus layer designed to provide sub-second finality.

Its execution layer is fully EVM-compatible and optimized for USDT transactions. The architecture also includes a dedicated storage layer and a split-path RPC network designed to support high-throughput decentralized applications.

The combination is intended to make Stable compatible with existing Ethereum-based development tools while tailoring the underlying infrastructure to stablecoin payments.

Stable’s Roadmap Extends to 2029

Stable Whitepaper 2.0 presents a long-term strategy centered on digital-dollar settlement.

USDT-based gas, PYUSD support, institutional payment infrastructure, and a 100 billion token supply form the foundation of the updated roadmap.

The structured unlock schedule through Dec. 8, 2029, is designed to distribute the locked supply gradually, while the $0.025 VWAP mechanism provides an additional safeguard against accelerated token releases during periods of weak market conditions.

As stablecoins continue expanding across payments, trading, and financial infrastructure, Stable is positioning itself as a specialized blockchain for dollar-denominated settlement.