Stable's recent $28 million seed funding round marks a pivotal moment in the evolution of stablecoin infrastructure. This significant capital injection signals a strong belief among investors that stablecoins require their own specialized blockchain architecture, moving beyond the limitations of general-purpose networks. With the regulatory landscape becoming clearer, particularly in the United States, and a massive existing user base for USDT, the timing is ripe for a dedicated stablecoin blockchain. This innovative approach promises to simplify transactions, reduce costs, and enhance the utility of digital currencies, potentially transforming stablecoins from mere tokens into fundamental payment rails on a global scale.
Stable Secures $28M to Revolutionize Stablecoin Payments with Dedicated Layer 1 Blockchain
In a groundbreaking move for the digital asset space, Stable, an emerging innovator in blockchain technology, announced on August 1, 2025, the successful closure of a $28 million seed funding round. This substantial investment was strategically co-led by industry titans Bitfinex and Hack VC, with additional notable contributions from a diverse group of participants including Franklin Templeton, Castle Island Ventures, and Susquehanna International Group.
The newly acquired capital is set to fuel the creation of the world's inaugural Layer 1 blockchain meticulously engineered for Tether (USDT) transactions. This pioneering "stablechain" is designed to address longstanding challenges within the stablecoin ecosystem, such as the reliance on volatile cryptocurrencies for gas fees and slow transaction finality.
Key features of this innovative blockchain include the direct use of USDT for transaction fees, eliminating the need for users to acquire separate, volatile tokens. In its initial phases, the platform promises zero-fee transfers, coupled with sub-second transaction confirmation times, ensuring an unparalleled user experience. Furthermore, its complete compatibility with the Ethereum Virtual Machine (EVM) will allow developers to seamlessly integrate existing tools and smart contracts.
The strategic timing of this launch coincides with the recent passage of the GENIUS Act in the United States, which provides much-needed regulatory clarity for stablecoin operations. This legislative development, coupled with the impressive $273 billion stablecoin market capitalization and over 350 million active USDT users worldwide, underscores the immense market opportunity Stable aims to capture. The company plans a three-phase rollout, commencing in Q3 2025 with basic mainnet functionality, followed by advanced enterprise features in Q4 2025.
Joshua Harding, Co-founder and CEO of Stable, articulated a compelling vision for the project, emphasizing the critical need for a global overhaul of payments infrastructure to meet the surging consumer demand for fast, reliable, and secure digital transactions. Paolo Ardoino, CEO of Tether and CTO of Bitfinex, echoed this sentiment, highlighting the United States' evolving stance on digital assets and stablecoins, which is now moving towards establishing clear regulatory frameworks for institutional participation.
This initiative is poised to cater to a broad spectrum of users, from retail individuals in developing economies utilizing USDT for savings and remittances, to enterprises seeking dependable B2B payment rails, and developers building advanced financial applications. By offering a purpose-built blockchain, Stable seeks to overcome the inherent friction and complexity often associated with stablecoin transactions on conventional networks, paving the way for a more efficient and user-friendly digital payment future.
The announcement of Stable's significant funding and ambitious plans resonates deeply within the cryptocurrency and financial technology sectors. From a journalistic standpoint, this development underscores a critical shift: stablecoins are increasingly being recognized not just as digital assets, but as foundational elements of a new global payment infrastructure. The commitment from major players like Bitfinex and Franklin Templeton, bridging the gap between traditional finance and decentralized technologies, signifies a growing maturity and acceptance of digital currencies. This move towards specialized, efficient networks for stablecoins could indeed be the turning point that transforms them from niche crypto products into widespread, essential tools for daily transactions and global commerce. It’s an exciting prospect, signaling a future where digital payments are as seamless and ubiquitous as traditional ones, but with enhanced speed, security, and accessibility for everyone.