Revolutionary USDT-Optimized Blockchain: Stable Raises $28M for Lightning-Fast Transactions
In a groundbreaking move, Stable has secured $28 million in seed funding to develop a USDT-optimized blockchain with sub-second block times. This innovative platform aims to transform digital payments by leveraging Tether’s USDT for faster, more secure, and cost-effective transactions. But what does this mean for the future of stablecoin transactions?
Why a 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. Here’s why this is a game-changer:
- Sub-second block times: Transactions will be nearly instantaneous, addressing the slow speeds of traditional payment systems.
- Enterprise-grade infrastructure: Tailored for cross-border payments, reducing costs and improving efficiency.
- Regulatory clarity: The GENIUS Act provides a clearer framework, boosting investor confidence.
Key Features of Stablechain
Stablechain’s roadmap outlines three critical phases:
- Using USDT as the gas token with optimized block times.
- Developing enterprise payment solutions for global adoption.
- Expanding tools for developers to foster ecosystem growth.
Investor Confidence in Stablecoin Transactions
The funding round, led by Bitfinex and Hack VC, includes heavyweights like Franklin Templeton and Tether CEO Paolo Ardoino. Their participation underscores the growing demand for stablecoin-optimized blockchains, especially as USDT continues to dominate the market.
FAQs
1. What is Stablechain?
Stablechain is a Layer 1 blockchain optimized for USDT transactions, offering sub-second block times and enterprise-grade infrastructure.
2. Who invested in Stable’s $28M funding round?
Investors include Bitfinex, Hack VC, Franklin Templeton, and Tether CEO Paolo Ardoino.
3. How will Stablechain improve USDT transactions?
By reducing block times to sub-seconds and lowering transaction costs, making USDT more efficient for global payments.
4. What role does the GENIUS Act play?
It provides regulatory clarity for stablecoins, encouraging innovation and investor participation in projects like Stablechain.
