The epitome of 'Dongshi copying Xiangpin' in the dedicated L1 track for stablecoins is none other than STABLE! With $28 million in funding, it completely copies @undefined the zero-fee transfer narrative, with technology, implementation, and endorsement all lacking; even after the mainnet upgrade in 2026, it remains a 'three-no project', vastly different from XPL!
The biggest scam of STABLE is packaging 'copy and paste' as 'innovative benchmarking'. It claims to be the 'native settlement layer of USDT', featuring zero-fee transfers and USDT for gas fees, seemingly overlapping with XPL's selling points, but in reality, it's all superficial. @undefined The mainnet will launch in September 2025, with stablecoin liquidity surpassing $2 billion on the first day; while $STABLE is in a hurry to upgrade its mainnet in February 2026, lagging behind for half a year, purely relying on copying others without any first-mover advantage.
What’s more fatal is that STABLE only imitates the 'form' without the 'substance'. XPL's zero-fee transfers rely on the innovative Paymaster system and an enhanced PlasmaBFT consensus, achieving sub-second finality and over 1000 TPS, adapting to real payment scenarios; while $STABLE uses a standard PoS mechanism, with 'sub-second confirmation' remaining only in the white paper, frequent congestion during high-frequency transfers, and zero fees relying on project subsidies, lacking sustainability.
The gap in ecological implementation is visibly apparent. XPL integrated leading wallets like Bitget Wallet upon launch, attracting over 100 DApps, and introduced a Bitcoin bridge to complete a closed loop; whereas STABLE only has a testnet gimmick, no substantial partners, and its merchant acquisition plan remains in PPT, with user numbers nearly zero, purely a shell for capital speculation.
The token economy is merely perfunctory. XPL allocates 40% of tokens for ecological incentives over three years, forming a positive cycle with a staking mechanism; STABLE lacks a clear incentive plan and is deficient in network security staking mechanisms, with the so-called 'institutional endorsement' being just a guise for hype.
In 2026, the stablecoin race will be about hard strength, and XPL will secure its lead through first-mover advantage, technological innovation, and solid ecology; STABLE, as a copier without core barriers and genuine demand, is destined to be a fleeting bloom reliant on financing hype. In the face of XPL's absolute strength, STABLE is nothing but a soulless copy, ultimately becoming a stepping stone in the race!
