Funding Boost for Stablecoin-Focused Blockchain Project

Author: Addison Perry Updated: 07-31-2025 10:10 AM

Stable Secures $28 Million Funding Round

Stable has made headlines with its recent closure of a significant funding round, raising $28 million to enhance its layer 1 blockchain technology powered by USDT. This innovative platform is poised to revolutionize financial transactions worldwide, facilitating seamless stablecoin payments.

Enhancing USDT Adoption

This funding round was led by notable investors including Bitfinex and Hack VC, with important contributions from Franklin Templeton, Castle Island Ventures, and several others. The backing from these prominent entities highlights the growing confidence in stablecoin technology and the potential for USDT adoption to soar.

Innovative Approach to Digital Transactions

Stable aims to change the landscape of payment systems by offering a 'stablechain' that facilitates instant transactions. Following a recent wave of interest in stablecoins, particularly after the passing of the GENIUS Act, Stable is positioned to spearhead greater adoption of digital currencies in everyday use.

Leadership and Vision for the Future

Joshua Harding, Founder and CEO of Stable, expressed enthusiasm for the support received from investors. He commented on the dire need for an overhaul of current payment infrastructures, emphasizing Stable’s commitment to leveraging the functionality of USDT to create a more efficient and reliable payment system.

Regulatory Clarity with GENIUS Act

With the recent legislative advancements, the GENIUS Act brings much-needed clarity to the regulatory environment surrounding crypto assets and stablecoins. This provides a framework for banks and financial institutions to speed up their digital payments infrastructure, aligning with Stable's mission to utilize USDT effectively.

Positive Industry Feedback

Paolo Ardoino, CEO of Tether and CTO of Bitfinex, remarked on the transformative approach the U.S. is taking toward digital assets. He noted that Stable is well-prepared to harness these changes and execute its plans effectively, indicating a bright future for the project's integration into mainstream finance.

Phased Implementation for Growth

The roadmap for Stable indicates a structured three-phase approach for development. The first phase is focused on solidifying USDT's role as a foundational asset, aiming for improved transaction speeds through innovative technical enhancements. Subsequent phases will introduce advanced processing capabilities and additional developer resources to further expand functionality.

Building a User-Friendly Ecosystem

As Stable progresses towards its goals, it emphasizes usability and efficiency. By reducing dependence on fluctuating tokens for transaction fees, Stable is set to create an environment conducive to rapid peer-to-peer payments, making digital transactions accessible and efficient for all users.

Frequently Asked Questions

What is Stable's primary focus?

Stable is focused on enhancing USDT adoption and creating a seamless blockchain environment for stablecoin payments.

Who are some of the investors in this round?

Key investors include Bitfinex, Hack VC, Franklin Templeton, and others, highlighting the confidence in Stable's potential.

What technology does Stable employ?

Stable uses a layer 1 blockchain architecture powered by USDT to facilitate digital financial transactions.

How does the GENIUS Act impact Stable?

It provides essential regulatory clarity for stablecoin payments, enabling infrastructure advancements in digital finance.

What makes Stable's approach unique?

Stable's 'stablechain' offers a unique framework that promises instant transactions and enhances the overall payment experience.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

Contact Addison Perry privately here. Or send an email with ATTN: Addison Perry as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.