Stable is creating a dedicated stablechain built on the Cosmos stack to reimagine how money moves around the world.

We’ve seen the world evolve digitally to grant instant access to content and data, yet the world’s fiat and payment industry still run on outdated infrastructure.

Payments across borders are slow, fragmented, and expensive.

There is a massive remittance and banking industry built around this friction. Layers upon layers of providers that facilitate each step, conversion, transfer, for a fiat transfer to arrive at its intended destination. Friction and complexity that could be solved today if we modernize the global payments infrastructure.

Stable is one of the organizations that intends to solve this problem, and are creating a dedicate’d stablechain built on the Cosmos stack to reimagine how money moves around the world.

With over +$200b in market capitalization across all stablecoins, private, public, web3-native or enterprise, this approach has become a norm for making traditional fiat (USD, EUR, etc..) systems faster, cheaper, and more easily accessible globally.

Traditional fiat rails carry heavy costs. Card fees often exceed 3 percent, FX spreads are hidden, and settlement can stretch over days. These systems were built in another era and are struggling to meet the demands of global commerce today, that has evolved to a massive scale.

Stable introduces a new model: stablecoins as the core currency of the system. The result is settlement that is faster, cheaper, and available 24/7. The use of a single-purpose chain enables fees to be predictable and configurable, and allows for instant settlement without waiting on other networks or assets (i.e Ethereum mainnet).

While for years stablecoins have existed within general-purpose blockchain infrastructure (i.e. Ethereum). Stable follows the trend set by players like Noble, and flips the model by making stablecoins the sole purpose and currency of its Cosmos Stack-powered blockchain. This allows them to provide:

In this setup, stablecoins aren’t just layered onto existing payment rails, they are the rails themselves. Services and applications can be built directly on this core infrastructure.

On Stable, enterprises, businesses, and individuals can create fiat-driven services and automations, such as payments or subscription-based offerings, in an environment that is entirely USD-based while still preserving confidentiality. All costs, including fees, gas, and operations, are denominated in USDT. This makes it possible for dollar-based use cases to operate on a system that is unstoppable, 24/7, low-cost, and borderless.

In short: Stable brings traditional Web2-style financial operations into Web3 by powering them with stablecoin rails instead of legacy infrastructure.

This configuration is made possible by the Cosmos Stack and SDK. The Cosmos SDK lets Stable design a chain optimized specifically for stablecoins, and configure the entire behavior of the infrastructure for that purpose.

For connectivity, the Inter-Blockchain Communication (IBC) connects Stable with liquidity across other blockchains and/or off-chain infrastructure; and the stack’s modular architecture makes it easier to customize the blockchain for compliance and/or specific behaviors that Stable needs when onboarding fiat on-off chain (i.e. KYC flows).

Stable’s core implementation of USD, USDT, already has proven to impact millions worldwide:

With USDT integrated, these flows connect to the largest pool of stablecoin liquidity in the world to date. The same implementation can be replicated worldwide with ease, as we see CBDC projects gain new traction in LATAM, APAC, and the Americas.

With over $1 trillion in transactions monthly; and +$100 billion in market capitalization, the utilization of USDT and stablecoins in general cannot be passed off as a trend, and can now be regarded as a new solution to a long-established problem: the inefficiency of fiat worldwide.

Stable is one of many examples of institutions, and businesses, that are onboarding onto stablecoin infrastructure.

Global banks like Citi have already signaled the importance of this, and their interest in stablecoins; while long-stalled projects like the Digital Euro have rapidly accelerated with the move of regulations (MiCA) in EU, and America (GENIUS).

These are more than technical upgrades, they are a signal of how global markets are looking to operate in the future:

Stable is one of many projects using the Cosmos stack to rebuild financial infrastructure.

By rebuilding legacy fiat infrastructure with new blockchain, stablecoin-specific, solutions, projects like Stable or institutions such as Japan’s consortium of banks, Progmat, show that fiat can evolve into systems that are faster, more accessible, and built to scale.

Stable: Reinventing Fiat Rails for Global Payments was originally published in Cosmos Ecosystem Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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