Summary Points
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Strategic Investment: BTSE has invested in Stable, a layer 1 blockchain network powered by USDT, enhancing their commitment to innovative blockchain technology for global payments.
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Successful Funding Round: Stable secured $28 million in a seed funding round, attracting visionary investors focused on advancing stablecoin payment adoption.
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Market Growth: The partnership aligns with the increasing global use of stablecoins, which are crucial for reducing transaction friction and enhancing financial inclusion.
- Commitment to Infrastructure: BTSE aims to integrate Stable’s blockchain, providing scalable, secure, and interoperable solutions to promote mainstream adoption of stablecoins and decentralized finance.
BTSE Announces Strategic Investment in Stable to Boost Blockchain Innovation
San Pedro, Costa Rica — BTSE, a prominent player in digital asset trading, has announced a strategic investment in Stable, a layer 1 blockchain network powered by USDT. This move aims to enhance blockchain technology and support stablecoin adoption.
Recently, Stable secured $28 million in a successful seed funding round. This funding highlights the commitment of various investors to accelerate the acceptance of stablecoin payments worldwide. BTSE, joining this round, plans to integrate Stable’s blockchain into its existing platform.
Moreover, the partnership is timely. Data shows rapid growth in the use of stablecoins, which are cryptocurrency tokens linked to fiat currencies. These digital assets facilitate smooth transactions, reducing friction and promoting financial inclusion across borders.
Jeff Mei, Chief Operating Officer of BTSE, emphasized the transformative impact of stablecoins. “This investment and integration reflect our dedication to enhancing the financial landscape,” he stated. “By working with Stable, we aim to provide secure and scalable solutions that further mainstream stablecoin usage."
Additionally, BTSE remains committed to aligning with innovative projects. Their focus lies in advancing the global digital economy through security and improved user experience. This investment underscores a pivotal moment in the evolution of financial systems, benefiting users around the globe.
For more information, visit BTSE’s website.
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