Stable is a Layer 1 blockchain network designed to move stablecoins efficiently at scale. According to
Stable.xyz, the network is powered by USDT (Tether), a U.S. dollar-pegged stablecoin, and built as a “stablechain,” meaning it uses stablecoins as its core transaction asset instead of volatile tokens. The network features sub-second block finality and gas-free peer-to-peer USDT transfers, aiming to make stablecoin transactions faster and more cost-effective for both individuals and institutions. In July 2025, Stable announced a $28M seed round led by Bitfinex and Hack VC, with participation from Franklin Templeton, Castle Island Ventures, Nascent, and others. In September 2025, the company shared that PayPal Ventures (the global venture arm of PayPal) joined the round.
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