StableChain Launches New USDT-Focused Blockchain, Targeting Reduced Transaction Costs

StableChain, led by CEO Joshua Harding, has launched a blockchain specifically for USDT transactions, aiming to bring faster and cheaper payments. This platform promises low fees and high throughput speeds, potentially shifting stablecoin traffic away from congested networks like Ethereum. The initiative received $28 million in funding, indicating strong institutional support. Key innovations include gas-free transactions using USDT as the native gas token, which aims to expand USDT’s utility across various chains, including Ethereum, Arbitrum, and more.