Given that StableChain is backed by Bitfinex, Tether’s liquidity layer for stablecoins USDTO and PayPal, the USAT announcement appeared to have ignited the STABLE bulls. Following the USAT update, STABLE trading volume exploded by 250% during the run. Plasma and StableChain are backed by Tether, hence the positive USAT update may have contributed to the explosive upswing. Meanwhile, the STABLE token has rallied over 90% from mid-January lows, and if the positive market sentiment persists, the recent cool-off could offer new buying opportunities. The market will now focus on the upcoming network upgrade to see if it will juice the markets.