Stable Raises $28M for Native USDT Blockchain to Enhance Speed and Efficiency

Generated by AI AgentCoin World
Friday, Aug 1, 2025 6:52 am ET1min read
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Aime RobotAime Summary

- Stable secures $28M seed funding to develop a USDT-optimized Layer 1 blockchain, aiming to enhance speed, scalability, and efficiency of stablecoin transfers.

- The project seeks to reduce reliance on Ethereum and Tron by offering lower fees and faster transactions through a dedicated infrastructure.

- Backed by Bitfinex and Hack VC, the initiative reflects growing demand for specialized stablecoin infrastructure and venture capital confidence in blockchain solutions.

- Though no public token or technical specs have been released, the roadmap includes testnets, partnerships, and integrations, aligning with broader trends in blockchain infrastructure tailored to specific use cases.

- Stable’s focus on USDT, combined with Tether-related backing, positions it as a unique player in the stablecoin economy, potentially influencing cross-border finance and DeFi ecosystems.

Stable, a blockchain protocol focused on USDT transactions, has raised $28 million in seed funding to develop a dedicated Layer 1 blockchain optimized for stablecoin payments. The round was led by Bitfinex and Hack VC, with the capital intended to support the creation of a native USDT blockchain designed to improve the speed, scalability, and efficiency of stablecoin transfers. This initiative aims to reduce dependency on existing blockchain networks like Ethereum and

Tron
, where USDT currently operates, by offering a specialized infrastructure that could lower fees and enhance transaction speeds [1].

The funding reflects growing demand for infrastructure specifically tailored to stablecoins, which have become a cornerstone of the crypto ecosystem. As the most widely used stablecoin, USDT's current cross-chain deployment incurs higher costs and delays. A native blockchain could provide better control over the asset’s flow, offering benefits to both institutional and retail users [1].

Bitfinex’s leadership in the funding round adds credibility to the project, given its role in the broader stablecoin market through Tether operations. Hack VC’s participation further reinforces venture capital confidence in blockchain-based solutions for stablecoin infrastructure, indicating a broader industry trend toward specialized protocols [1].

Although the project has not yet launched a public token or released detailed technical specifications, the secured funding demonstrates a strong commitment to development. The expected roadmap includes testnet launches, strategic partnerships, and potential integrations with existing financial systems. Analysts see such projects as part of a shift in blockchain infrastructure, where protocols are increasingly designed for specific use cases rather than general-purpose computing [1].

The initiative aligns with broader efforts in the crypto space to optimize for stablecoin use. Projects like Solana and NEON have also explored ways to enhance stablecoin efficiency, but Stable’s direct focus on USDT, combined with its backing from Tether-related entities, positions it as a unique player in this niche. As the stablecoin economy grows, a dedicated blockchain could serve as a foundational layer for payments, remittances, and DeFi applications [1].

The funding also highlights the evolving nature of stablecoin economics. With USDT’s significant market share, there is a growing need for optimized infrastructure that supports faster and more scalable transactions. By addressing these needs, Stable aims to contribute to a more efficient stablecoin environment, potentially influencing developments in cross-border finance and decentralized finance ecosystems [1].

Source:

[1] Stable Secures $28M to Bring a Native USDT Blockchain to Life – https://news.bitcoin.com/stable-secures-28m-to-bring-a-native-usdt-blockchain-to-life/