Stable Blockchain Raises $28M to Optimize USDT Transactions on Dedicated L1

The rapidly expanding digital asset landscape continues to drive innovation through specialized blockchain solutions. Among these advancements is Stable, a high-performance Layer 1 (L1) blockchain meticulously engineered to optimize transactions for USDT, the world’s largest stablecoin by market capitalization. This focused approach aims to deliver significantly faster, more cost-effective, and user-friendly transactions, directly addressing critical scalability and efficiency needs within the broader stablecoin ecosystem. The project’s strategic importance and technological promise have already attracted substantial investor confidence, underscored by a recent $28 million funding round from prominent venture capital firms.

• Stable is a specialized Layer 1 blockchain designed exclusively for USDT transactions.
• The platform aims to provide faster, more efficient, and cost-effective stablecoin transfers.
• It recently secured $28 million in a funding round from leading venture capital firms.
• A community engagement campaign has launched on Galxe to incentivize early participation.
• The deadline for completing Galxe campaign activities is August 15th.
• Early participants may receive future rewards, potentially at the Token Generation Event (TGE).

A Dedicated Architecture for Stablecoins

Stable’s core value proposition lies in its singular focus: a dedicated architecture built specifically for USDT operations. By developing a blockchain tailored for stablecoin transactions, the platform seeks to mitigate common challenges associated with general-purpose blockchains, such as network congestion and exorbitant gas fees, particularly during periods of high demand. This level of specialization has the potential to significantly enhance the utility and reach of USDT, thereby fostering broader adoption of digital stable assets for everyday transactions, remittances, and beyond.

Securing Significant Investor Backing

The recent capital infusion of $28 million unequivocally underscores strong belief in Stable’s foundational vision and technical execution. The funding round saw robust participation from several prominent investors, including Hack VC, Mirana Ventures, Nascent, and KuCoin Ventures. Such substantial backing from established players within the blockchain investment space serves as significant market validation. Furthermore, it provides the essential resources required for accelerated development and robust ecosystem growth, strategically positioning Stable as a notable contender within the highly competitive Layer 1 blockchain sector.

Fostering Community Growth and Engagement

In a strategic initiative designed to cultivate its early community and expand its user base, Stable has launched a targeted engagement campaign on the Galxe platform. This program is specifically structured to incentivize active participation and familiarize users with the Stable ecosystem, enabling them to earn points through various social and interactive tasks. Such campaigns are a widely adopted tactic within the Web3 space, often employed to bootstrap network effects and foster a loyal community around a nascent project.

Prospective participants engaging with the Galxe campaign, which requires a compatible wallet such as MetaMask, are tasked with completing specific social engagements and interacting with the project’s digital presence. Crucially, the deadline for completing these activities is set for August 15th, emphasizing the time-sensitive nature of this initial engagement phase. Beyond the Galxe platform, active participation in the project’s Discord community is strongly encouraged, offering opportunities to earn roles that signify deeper involvement and commitment. While specific details regarding future rewards are not yet fully confirmed, it is widely anticipated that points accumulated through these activities may translate into tangible benefits at the project’s forthcoming Token Generation Event (TGE), thus aligning early supporters with the long-term success and growth of the Stable network.