In a groundbreaking move, Stable has raised $28 million in seed funding to revolutionize the utility of USDT through a dedicated stablecoin blockchain. This innovation promises to transform DeFi and onchain payments, offering faster, cheaper, and more reliable transactions.
Why Stable’s USDT-Focused Blockchain is a Game-Changer
Stable is developing a “stablechain”—a blockchain optimized for stablecoins like USDT. Unlike general-purpose blockchains, Stable’s solution addresses key pain points:
- Low fees: USDT serves as the native gas token, reducing transaction costs.
- High throughput: Designed for speed, ensuring fast confirmations.
- Guaranteed finality: Every transfer settles in U.S. dollars, ideal for real-world payments.
Key Backers and Regulatory Tailwinds
The funding round was co-led by Bitfinex and Hack VC, with participation from Franklin Templeton and other institutional investors. Paolo Ardoino, CEO of Tether, highlighted the U.S.’s evolving regulatory landscape, including the GENIUS Act, as a catalyst for stablecoin adoption.
Roadmap and Challenges Ahead
Stable’s rollout includes:
- Phase 1: USDT as native gas, fast block times, and foundational infrastructure.
- Phase 2: USDT aggregator and guaranteed blockspace (late 2025).
- Mainnet launch: Expected in late 2025 or early 2026.
Challenges include interoperability and competition from chains like Plasma and Noble.
FAQs
Q: What is Stable’s primary goal?
A: To optimize USDT utility for DeFi and payments via a dedicated stablecoin blockchain.
Q: Who are the major investors?
A: Bitfinex, Hack VC, Franklin Templeton, and others.
Q: How does Stable improve transaction efficiency?
A: By using USDT as the native gas token, reducing fees and speeding up confirmations.
Q: When is the mainnet launch expected?
A: Late 2025 or early 2026.
