Stable Secures $28M to Revolutionize Digital Payments with USDT-Optimized Blockchain

by cnr_staff

In a groundbreaking move, Stable has raised $28 million to develop a USDT-optimized blockchain with sub-second block times, aiming to transform digital payments. This innovative platform, backed by major investors like Bitfinex and Hack VC, promises faster, more secure transactions for users worldwide.

Why Stable’s USDT-Optimized Blockchain Matters

Stable’s new blockchain, dubbed “Stablechain,” is designed to enhance the utility of Tether’s USDT by integrating it into the core protocol. Key features include:

  • Sub-second block times for near-instant transactions
  • USDT as the primary gas token
  • Enterprise-grade infrastructure for cross-border payments

How Stablechain Aims to Improve Digital Payments

Current global payment systems are often slow and costly. Stablechain addresses these challenges by:

  1. Reducing transaction times to under a second
  2. Lowering costs for users and businesses
  3. Providing a dedicated infrastructure for stablecoin transactions

The Roadmap for Stable’s Blockchain Development

Stable has outlined three phases for its platform:

Phase Focus
1 USDT gas token integration and optimized block times
2 Enterprise payment solutions
3 Developer tools and ecosystem expansion

Regulatory Clarity Boosts Stablecoin Innovation

The recent GENIUS Act in the U.S. provides clearer guidelines for stablecoin operations, creating a favorable environment for projects like Stable. This regulatory shift has attracted both institutional and crypto-native investors to participate in Stable’s funding round.

What This Means for the Future of Digital Payments

Stable’s initiative represents a significant step toward modernizing global financial systems. By focusing on USDT’s scalability and reliability, the platform could bridge the gap between traditional and digital finance, offering instant, secure transactions worldwide.

Frequently Asked Questions

What makes Stable’s blockchain different?

Stablechain is specifically optimized for USDT transactions, offering sub-second block times and lower costs compared to general-purpose blockchains.

Who are the major investors in Stable?

The $28M funding round was led by Bitfinex and Hack VC, with participation from Franklin Templeton, Castle Island Ventures, and KuCoin Ventures.

How will USDT be used on Stablechain?

USDT will serve as both the primary transaction currency and the gas token for network fees.

When will Stablechain launch?

While no specific date is announced, the project has outlined a three-phase development roadmap for the coming year.

How does this benefit everyday users?

Users can expect faster, cheaper transactions for cross-border payments and other digital transactions using USDT.

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