Kraken lists Stable token for trading

Kraken, one of the big crypto exchanges, just added a new thing called Stable (STABLE) to its platform. But Stable isn’t just another token floating around. It’s a full-blown blockchain, built from the ground up to run on Tether’s USDT; that’s the world’s most traded stablecoin, pegged to the US dollar.

So what’s Stablechain?
Think of it as a specialised highway for USDT. It’s designed to make USDT payments super fast, dirt cheap, and predictable. You send USDT, it gets there instantly, and you don’t have to deal with surprise fees. And if you’re a developer, you can build apps on top of it, like wallets, payment systems, or anything else that needs steady-value digital money.

What’s different about it?
Stablechain uses USDT as gas. That means you don’t need to juggle multiple tokens to pay for transactions. You use the same USDT you’re sending. No conversions, no confusion. And it promises “gas-free” peer-to-peer payments. So, basically, no fees when sending directly to someone else.

What’s Kraken’s role?
Kraken is now letting people deposit and (eventually) trade STABLE. But (and here’s the catch) trading isn’t fully open yet. They’re waiting for enough buyers and sellers to show up so that the market doesn’t feel like a ghost town. Once there’s decent liquidity, they’ll flip the switch for Instant Buy and app-based trading.

Anything else I should know?
Yep:

• If you deposit STABLE using the wrong network, it’s gone. Forever.
• Trading may not be available in all countries.
• Kraken’s playing it close to the chest on upcoming listings—no leaks, no teasers.

Bottom line: Kraken is betting that a USDT-native chain could be a big deal. Whether users care enough to jump on board? That’s the next test.