Stably Expands Stablecoin Solutions as Market Grows 3700%

Stably, a prominent stablecoin development and advisory firm based in Seattle, has unveiled a comprehensive suite of solutions aimed at assisting institutions and enterprises in issuing their own branded stablecoins. This move comes as the global stablecoin market continues to expand rapidly. Since its inception in 2018, Stably has been at the forefront of stablecoin and decentralized finance (DeFi) infrastructure, offering exclusive Stablecoin-as-a-Service (SCaaS) solutions to its users.

One of Stably's notable achievements includes the development of the world’s first subsidized stablecoin in collaboration with dTRINITY, a DeFi protocol designed to transform credit markets by providing interest rebates to stablecoin borrowers. This innovation underscores Stably's commitment to pushing the boundaries of stablecoin technology and its applications.

Stably's new suite of services includes custom development and advisory support, as well as integration with leading industry partners such as Bridge and Frax. These services are designed to help institutions and traditional businesses navigate the complexities of issuing and managing stablecoins. The company's offerings are particularly relevant as major corporations like Amazon, Walmart, and JD.com have announced plans to enter the stablecoin market, aiming to boost its growth to a $3.7 trillion market by the end of the decade.

Stablecoins have become the preferred choice for many businesses due to their ability to reduce payment friction, offering faster, cheaper, and borderless transactions. They also enhance global market access and unlock valuable opportunities. The cost savings and new revenue streams generated by stablecoins can enable unique ecosystem benefits, lower the cost of credit, and increase user demand and retention, thereby expanding the brand power and reach of stablecoin issuers.

Stably leverages over seven years of industry experience and infrastructure to provide end-to-end support for launching compliant, fiat-backed stablecoins. The company offers a range of services, including chain-agnostic issuance, traditional orchestration, DeFi integrations, fiat on/off-ramps, product development, business strategy, and market operation support. These services cover peg stability, liquidity, and risk management, and are delivered through a combination of in-house expertise, technology, and strategic partnerships.

Stably's services are tailored for a wide range of potential stablecoin issuers, including banks, brokerages, asset managers, money service businesses (MSBs), FinTechs, and non-financial enterprises such as large retailers, food and beverage chains, e-commerce platforms, telecoms, and social media networks. The company's Co-founder and CEO, Kory Hoang, emphasized the importance of having a large user base with strong network effects and the ability to hold user balances, facilitate credit, and process transaction volume at scale as key indicators for businesses ready to advance into the Stablecoin Age.

Stably works with regulated partners to enable the rapid launch of branded stablecoins for organizations seeking turnkey SCaaS solutions. The company also serves institutions looking to build and operate their in-house stablecoin infrastructure with long-term scalability, offering a battle-tested stablecoin engine with full custom development and integration support. Additionally, Stably provides technical and non-technical stablecoin advisory services to clients at various stages of their stablecoin journey, from early-stage exploration to go-to-market execution.