Overview

• Stable secured $28 million in a seed round led by Bitfinex and Hack VC with participation from Franklin Templeton, Castle Island Ventures, KuCoin Ventures, Tether CEO Paolo Ardoino and Braintree founder Bryan Johnson.
• The network has moved into phase one by designating USDT as its native gas token to enable sub-second block times and fee-free payments.
• The U.S. GENIUS Act’s stablecoin regulations provide the legal framework underpinning the project’s global payments infrastructure.
• Phase two will introduce enterprise-grade blockspace guarantees for high-volume commercial use and phase three will roll out developer tools and performance enhancements.
• EVM compatibility allows developers to leverage existing Ethereum tooling without additional integration.