Mastercard to offer Open USD stablecoin through its BVNK platform
Mastercard's integration of OUSD via BVNK could reshape global payment systems, enhancing stablecoin adoption and multi-chain interoperability.
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Lee la documentación de la APIStable is a Layer 1 blockchain designed specifically around USDT, using that stablecoin as the native token for paying transaction fees rather than a volatile cryptocurrency. The project targets payment processors, fintech companies, enterprises, and decentralized finance applications that need predictable transaction costs and fast settlement. By removing the need to hold a separate, price-fluctuating gas token, it aims to lower friction for businesses and users who primarily transact in dollar-pegged value.
Stable operates as an independent Layer 1 blockchain, appearing within the BNB Chain and HyperEVM ecosystems based on the categories recorded for it. The STABLE token is the native asset of the chain, while USDT serves as the gas currency users pay to execute transactions and interact with smart contracts. The consensus algorithm and block time are not recorded in the data held by this site, so no further mechanical detail can be confirmed.
The data stored for this asset does not include a protocol fee stream, revenue figures, or information about who collects or distributes fees on the network. What is recorded is a total value locked of approximately 29.65 million USD and a stablecoin supply hosted on the chain of roughly 20.51 million USD at the point in time captured. The market capitalisation relative to total value locked stands at 24.13 and the fully diluted valuation relative to total value locked stands at 88.64, both point-in-time figures; without a fee stream behind them, these ratios describe scale of assets on the chain relative to token valuation rather than any earnings relationship.
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