Stable Secures $28M to Develop USDT-Specific Blockchain Infrastructure

The recent seed funding round, spearheaded by prominent investors like Bitfinex and Hack VC, provides Stable with the necessary capital to develop dedicated blockchain infrastructure for USDT. I believe that this strategic move will enhance the stability and performance of USDT transactions by creating financial rails optimized specifically for it. This initiative aims to resolve current operational issues encountered when USDT is used on blockchains that are not originally designed with its requirements in mind. By securing $28 million in funding, Stable plans to establish a native USDT blockchain, which could significantly improve transaction efficiency, reduce fees, and bolster security compared to existing multi-chain solutions. Such a development might increase USDT’s adoption in both traditional finance and decentralized finance sectors, as it addresses critical scalability and interoperability challenges. Furthermore, this effort could position Stable as a key player in the stablecoin ecosystem by offering a more reliable and efficient infrastructure for USDT. It signals a dedicated focus on enhancing stablecoin utility and integrating blockchain technology more seamlessly into real-world financial operations. If successful, this could set a new standard for stablecoin infrastructure and usage. Overall, I am optimistic about this strategic funding and development effort. Investing in dedicated native blockchains for stablecoins like USDT can lead to more robust and scalable digital asset ecosystems, fostering broader adoption and trust among users and institutional players alike.