Meme Insider
Hey there, crypto enthusiasts! If you’ve been keeping an eye on the blockchain space, you’ve probably heard the buzz around Stable, a new player aiming to shake up the world of stablecoins. Recently, they dropped some exciting news on X: they’ve raised a whopping $28 million in a seed funding round to launch the first dedicated Layer 1 stablechain optimized for USDT payments. Let’s dive into what this means and why it’s a big deal!
What’s the Scoop on Stable’s $28M Raise?
Stable’s latest announcement, posted on July 31, 2025, reveals that the funding round was led by heavyweights like Bitfinex and Hack VC, with support from USDT itself. That’s right—the stablecoin giant Tether is backing this project! The round also saw contributions from big names like Franklin Templeton, Susquehanna, Bybit, BTSE, KuCoin, and more, alongside notable angels like Paolo Ardoino (CEO of Tether), Bryan Johnson, and Nathan McCauley.
This $28 million isn’t just pocket change—it’s a vote of confidence in Stable’s vision to create a blockchain tailor-made for stablecoins, with USDT as the star of the show. Think of it as a specialized highway built just for stablecoin transactions, making everything faster, cheaper, and more efficient.
What Makes Stable’s Layer 1 Unique?
So, what’s a Layer 1 stablechain, you ask? In simple terms, it’s a foundational blockchain designed from the ground up to handle stablecoins—like USDT—better than general-purpose blockchains like Ethereum or Bitcoin. Stable claims to be the first of its kind, and here’s what sets it apart:
- Sub-Second Block Finality: Transactions confirm almost instantly, which is a game-changer for payments.
- Gas-Free USDT Transfers: No more hefty fees to move your stablecoins around!
- 100% EVM Compatibility: Developers can easily build on it using tools they already know from Ethereum.
- Enterprise-Scale Throughput: It can handle a massive volume of transactions, perfect for big businesses.
The idea is to solve the pain points of using stablecoins on existing blockchains, where high gas fees and slow speeds can sometimes make them less practical for everyday use.
The Roadmap Ahead
Stable isn’t stopping at the funding announcement—they’ve laid out a clear plan to roll out their technology in three phases:
- Phase 1 (Underway): Launching with USDT as the native gas token, offering zero gas fees and super-fast finality.
- Phase 2 (Upcoming Months): Introducing USDT transfer aggregators and guaranteed blockspace for smoother operations.
- Phase 3: Bringing network-wide speed upgrades, developer SDKs, and embedded payment tools to make it even more versatile.
The mainnet launch is slated for late Q3 or early Q4 of 2025, so we’re not far from seeing this in action!
Why This Matters for the Crypto World
This move comes at an interesting time. With regulatory clarity from the GENIUS Act, rising demand from institutions, and the technical readiness of projects like Stable, the stage is set for stablecoins to play a bigger role in global finance. Stable’s focus on seamless payments, cross-border transfers, and embedded financial apps could simplify how businesses and developers use stablecoins every day.
Paolo Ardoino, Tether’s CEO, even chimed in, saying, “The US is undergoing a complete 180 in terms of its approach to digital assets… major financial institutions will be able to fully unleash the power behind assets like USDT.” That’s a bold statement, and it hints at a future where stablecoins like USDT could become as common as credit cards!
What’s Next for Stable and Meme Insider Readers?
For those of us at Meme Insider, this news is a reminder of how fast the blockchain space is evolving—beyond just meme tokens! While we love covering the wild world of Dogecoin and Shiba Inu, projects like Stable show how serious infrastructure is shaping the future of crypto.
If you’re a blockchain practitioner or just a curious fan, keep an eye on Stable’s progress. With such a strong backing and a clear vision, they might just redefine how we think about stablecoin payments. Got thoughts on this? Drop them in the comments—we’d love to hear from you!
