In a groundbreaking move, Stable has raised $28 million in seed funding to develop a USDT-optimized blockchain with sub-second block times. This innovation promises to transform digital payments by leveraging Tether’s USDT for faster, more secure transactions. But what does this mean for the future of global finance?
Why Stable’s USDT-Optimized Blockchain Matters
Stable’s new blockchain, dubbed “Stablechain,” is designed to enhance the utility of Tether’s USDT by integrating it directly into the core protocol. Key features include:
- Sub-second block times for near-instant transactions
- USDT as the native gas token
- Enterprise-grade infrastructure for cross-border payments
Who Backed Stable’s $28M Funding Round?
The funding was led by prominent investors including Bitfinex and Hack VC, with participation from Franklin Templeton, Castle Island Ventures, and KuCoin Ventures. Notably, Tether CEO Paolo Ardoino and Braintree co-founder Bryan Johnson also joined as angel investors.
How Will Stablechain Improve Digital Payments?
Current global payment systems often suffer from slow processing times and high fees. Stablechain aims to address these challenges by:
| Feature | Benefit |
|---|---|
| Sub-second block times | Near-instant transaction finality |
| USDT integration | Stable value for cross-border payments |
| Enterprise-grade infrastructure | Scalability for high-volume transactions |
What’s Next for Stablechain?
The project’s roadmap includes three key phases:
- Implementation of USDT as gas token with optimized block times
- Development of enterprise payment solutions
- Expansion of developer tools and ecosystem growth
Frequently Asked Questions
What makes Stablechain different from other blockchains?
Stablechain is specifically optimized for USDT transactions, offering sub-second block times and dedicated infrastructure for stablecoin payments.
How will Stablechain benefit USDT users?
Users will experience faster transactions, lower fees, and enhanced security when using USDT on Stablechain.
When will Stablechain launch?
While no specific date has been announced, the project plans to roll out in phases throughout the remainder of the year.
Why is regulatory clarity important for Stablechain?
The recent GENIUS Act provides a clearer framework for stablecoin operations, reducing uncertainty for investors and users alike.
