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Tether-focused Layer 1 Stable raises $28 million seed round to boost USDT adoption

UPDATED: July 31, 2025, 8:52AM EDT Quick Take Stable has raised $28 million in a seed round co-led by Bitfinex and Hack VC to build a Tether-focused Layer 1 blockchain for payments. The project aims to make stablecoin transactions instant and expand the distribution of USDT. Stable, a new Layer 1 blockchain being built for stablecoins, has raised $28 million in seed funding as it bets on Tether's USDT stablecoin as the future of onchain payments.The round was co-led by Bitfinex and Hack VC, with...

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