Stable Airdrop Guide | Stablechain technology gains investor interest

Stable is a stablecoin blockchain technology designed to provide stablecoin scalability to the world, allowing institutions and businesses to perform real-time transactions using stablecoins on the stable network.

With the stablecoins industry gaining momentum, boasting over 350 million users and $190 billion in circulation, institutional adoption in the crypto market has increased in the last few years. As many users and businesses adopt USDT for global payments, this trend is expected to continue.

Businesses, decentralized finance (DeFi), and traditional finance institutions that are leveraging the use of stablecoins have struggled with infrastructure, increased demands, high gas fees, and transaction speed.

Stable addresses these demands through a scalable, secure, and user-friendly blockchain using USDT’s stablecoin to meet these needs. Retail users, businesses, market makers, or financial institutions handling large transaction volumes can benefit from Stable’s optimal environment, which enables gas-free USDT transfers and significantly faster, cheaper, and more efficient transactions.

Stable as a layer-1 technology allows for a high throughput settlement layer for USDT while achieving the following optimisation, everyday use, and improved use cases for different people and businesses.

Stable Team – Who Are Behind Stable

Stable is made up of a team with diverse experiences, both in the blockchain space and traditional finance, looking to guide the crypto project to success based on a shared vision. On the team is Brian Mehler, with over 15 years of experience as Chief Executive Officer, with experience in Venture Capital and traditional finance. He has previously worked with Gateway Capital and Venture Investments at Block.one, Galaxy Digital, Mythical Games, and Securitize. Among the team’s list are Sam Kazemian, Chief Technology Officer, and Thibault Reichelt, Chief Operating Officer, as they aim to help Stable achieve strong highs.

Contributors and Funding

Source – Stable Seed Funding

The crypto project raised $28 million in seed round funding, led by Bitfinex and Hack VC, to launch the first dedicated Layer 1 stablecoin for USDT payments. This funding unlocks the next evolution of stablecoin infrastructure. With huge investors backing the project and a funding round led by @bitfinex, @USDT0_to, and @hack_v, joined by @FTI_Global, @CastleIslandVC, @egirl_capital, @Bybit_Official, @mirana, Susquehanna International Group, @nascent, Blue Pool Capital, @BTSE_Official, and @kucoincom @KuCoinVentures. Angels and advisors include @paoloardoino, @tether_to, @bryan_johnson, @nathanmccauley, and @gabrielabed.

Stable Airdrop – Step-by-step Guide

Stable airdrop eligibility is straightforward as it requires users to have active participation in the ecosystem to qualify for its airdrop. Here is a quick guide to participation.

Go to the website and request test coins to your wallet: https://faucet.stable.xyz/faucet

Send test coins to other addresses

Carry out other activities such as

Participate as a developer
Review documentation:https://docs.stable.xyz/en/developers/quick-start

Visit Website:https://app.stable.xyz
Enter your email address, and verify yourself

Key Takeaways of Rayls

Stable is honestly one of those practical Layer 1s that could actually gain mainstream traction. It removes volatility from fees and makes everyday transactions predictable. Its use of the USDT0 mechanism for cross-chain transfers makes its use case unique, eliminating the need for bridges, which is a huge pain point in crypto right now. And since smart contracts operate directly with stablecoins, it opens up DeFi and dApp development in a stable, low-risk environment.