
Stable (a new Layer 1 stablechain) recently raised $28M in seed funding led by Bitfinex and Hack VC, with USDT as its native gas. This development mirrors an earlier $24M raise by Plasma (another stablecoin-focused blockchain) led by Framework and Bitfinex, suggesting a potential trend of significant investment in stablecoin infrastructure. Investors should monitor the performance and adoption of both Stable and Plasma as they aim to optimize USDT payments and transfers.

By mdudas
crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol