Latest news with #StableSea
Yahoo
29-05-2025
- Business
- Yahoo
Stable Sea Unveils Terminal to Help Businesses Manage and Move Stablecoins Globally
Terminal gives fintechs and global businesses access to deep liquidity, real-time FX, and compliant stablecoin conversion to address the final mile of stablecoin utility. NEW YORK, May 29, 2025 /PRNewswire/ -- STABLECON -- Stable Sea today announced the availability of its flagship product, Stable Sea Terminal, at the StableCon conference in New York. Built to meet the growing demand for stablecoin liquidity and treasury management, Stable Sea Terminal provides an easy-to-use solution for on/off-ramp providers, fintechs, and enterprises to convert stablecoins into local fiat at scale—with the market's most competitive FX rates, full auditability and compliance certainty. Stablecoins are rapidly becoming core financial infrastructure, facilitating over $28 trillion in transactions in 2024 alone. As adoption extends beyond crypto-native players to global enterprises using stablecoins for cross-border payments, treasury, and vendor payouts, one major bottleneck remains: converting digital dollars into local fiat. Companies moving large volumes of stablecoins today face a fragmented and manual process—relying on Telegram chats for OTC trades, piecing together integrations across providers to access global corridors and handling reconciliation through third parties. These inefficiencies have created high FX costs, shallow liquidity and operational friction that bottleneck stablecoin adoption for real-world business use. "The infrastructure for sending stablecoins is great, but the infrastructure for converting them back into usable fiat is still stuck in Telegram DMs," said Tanner Taddeo, CEO of Stable Sea. "We built Stable Sea Terminal to unlock enterprise-grade money movement via stablecoins – offering businesses a simple solution to access deep pools of liquidity, automate stablecoin-to-fiat flows, and manage global treasury activity with confidence. With the cheapest FX on the market, full auditability, and same day settlement, we're making stablecoin adoption practical and scalable." Stable Sea Terminal: The first institutional interface layer for real-world stablecoin usageStable Sea Terminal provides enterprise-grade stablecoin treasury management solutions—helping fintechs, PSPs and global businesses access liquidity and convert stablecoins into local fiat globally. With access to deep, compliant liquidity, customers can off-ramp large transactions—up to $50M—in a single trade, at institutional-grade FX pricing. Unlike OTC desks and fragmented provider networks, Stable Sea Terminal connects users to deep, compliant liquidity through a single platform. Whether through its API or intuitive dashboard, Stable Sea Terminal simplifies the final mile of stablecoin adoption—turning programmable money into practical payments. Key Features: Access global liquidity Better FX rates with no markups Easy-to-use dashboard for global stablecoin management Manage all of your global wallets and TradFi accounts in one place Compliant offramping across high-growth markets End-to-end transparency and transaction-level tracking To learn more about Stable Sea Terminal, visit or contact the crew directly. For the latest updates and information, follow us on X and LinkedIn. About Stable SeaStable Sea provides the simplest way for companies to move and manage stablecoins, globally. We enable businesses to programmatically access liquidity and convert stablecoins into local fiat across global markets, ensuring deep liquidity, last-mile payout efficiency, and regulatory certainty. Stable Sea empowers financial innovation by solving the final mile of stablecoin utility. For more information, visit or contact ahoy@ View original content to download multimedia: SOURCE Stable Sea Sign in to access your portfolio
Associated Press
19-03-2025
- Business
- Associated Press
Stable Sea Secures $3.5 million Funding to Provide Global Stablecoin Offramping
Led by Kindred Ventures, the funding round provides companies a seamless way to programmatically convert stablecoins into local fiat across global markets. SAN FRANCISCO, March 19, 2025 /PRNewswire/ -- Stable Sea, a stablecoin liquidity and orchestration company that facilitates stablecoin offramping to global markets, today announced a $3.5 million funding round led by Kindred Ventures with participation from Ludlow Ventures, DFS Lab, The Venture Dept. and The Fintech Fund. The funding will be used to further Stable Sea's mission of providing efficient, cost-effective and compliant stablecoin offramping solutions. In 2024, the annualized transaction value for the stablecoin industry reached $15.6 trillion, demonstrating its significant role in the global financial system. As regulations become clearer, stablecoins are poised to enable new, more efficient use cases for global payments, remittances and institutional settlements. However, the complexity, opaqueness and cost of converting stablecoins to local fiat currency still remains a challenge for companies and a necessity for end users. Stable Sea was created to address these problems and help companies access deep pools of digital asset liquidity to seamlessly offramp stablecoins. The company was founded by a team of seasoned colleagues with extensive experience in fintech, crypto and payments infrastructure. The team's deep understanding of this space and technology, coupled with their firsthand experience of similar challenges, led them to create a solution that provides companies with the necessary dashboard tooling, orchestration and access to compliant liquidity to enable seamless stablecoin conversion to local fiat. 'Stablecoins speed up global treasury movements for institutions and improve cross-border payment experiences for FinTechs,' said Tanner Taddeo, CEO of StableSea. 'Yet folks still need local fiat for day-to-day business, product, or operational needs. While the technology exists piecemeal, the infrastructure linking digital and traditional financial systems is still evolving and access to liquidity remains a challenge. At Stable Sea, we equip Fortune 500 companies, FinTechs, and startups building in stablecoins with the tools to off-ramp programmatically worldwide — bridging both financial systems and unlocking access to deep, compliant liquidity.' 'We're proud to invest in Stable Sea because stablecoins can't go mainstream without seamless, reliable liquidity. Moving between stablecoins and local currencies is still too costly and clunky, slowing down adoption,' said Kanyi Maqubela, Managing Partner at Kindred Ventures. 'Stable Sea is changing that by making the process frictionless, which has the potential to open up entirely new use cases. We're excited to back their vision and see the impact they'll have.' To learn more about Stable Sea and our design partner program, visit or contact the crew directly at [email protected]. For the latest updates and information, follow us on X and LinkedIn. About Stable Sea Stable Sea provides the simplest way for companies to off-ramp stablecoins, globally. We enable businesses to programmatically convert stablecoins into local fiat across global markets, ensuring deep liquidity, last-mile payout efficiency, and regulatory certainty. By simplifying access to stablecoin liquidity, we empower financial innovation and unlock new opportunities in the global economy. About Kindred Ventures Kindred Ventures is a leading VC firm that backs visionary and relentless founders building the future using technology and science. With a sharp focus on seed and early stage, Kindred has backed more than 100 industry leaders across AI, climate tech, fintech, Web3, healthtech, tools & infrastructure, and consumer tech. Most notable portfolio companies include: Uber, Coinbase, Color Health, Perplexity, Postmates, Poshmark, Tonal, dYdX, Magic Eden, Humane, and Tala. Kindred Ventures was founded in 2014 by Midas List investor Steve Jang, who manages the $600 million AUM fund with Managing Partner Kanyi Maqubela. The firm is based in San Francisco, CA. For more information, visit
Axios
19-03-2025
- Business
- Axios
Stablecoin startup Stable Sea raises $3.5 million in funding
Stable Sea, a startup providing services to the rapidly growing stablecoin industry, has raised $3.5 million in a round led by Kindred Ventures, with others participating. Why it matters: Stabecoins have become the killer application of blockchains, one poised for growth if the rules governing such tokens in the largest economy in the world get sorted out this year. How it works: The original use case for stablecoins was simply trading, allowing traders to exit trades to a stable value and also to move funds between exchanges quickly. But the tokens have become useful for other reasons, particularly for treasury management at international organizations. By the numbers: Stablecoins facilitate $6.1 trillion in transactions annually onchain, based on research by Visa. That number would get much higher if transactions on exchanges were factored in. Zoom in: "Stablecoins speed up global treasury movements for institutions and improve cross-border payment experiences for FinTechs," said Tanner Taddeo, CEO of Stable Sea, in a statment.
