Stable began the fundraising process for its seed round in June 2025, with Bitfinex having incubated the project from its inception.

Stable announced it raised $28 million in a seed round led by Bitfinex and Hack VC, with participation from Franklin Templeton, Mirana, and others.

Stable targets late Q3 or early Q4 2025 for its mainnet launch, aiming to bring its USDT-focused stablechain to the public.