PayPal Invests in Stablecoin-Focused Layer 1 Stable to Expand PayPal USD Distribution, Utility, and Liquidity
Summary
PayPal Ventures invested in Stable’s latest funding round and deepened its relationship with the Layer 1 blockchain network. Stable will support PayPal USD on its blockchain so users can use the stablecoin for commerce and financial transactions. The companies also plan to explore cross-chain compatibility, onramp/offramp capabilities, and future products around payments and stablecoin utility. Stable recently emerged from stealth, added new executives, and closed a $28 million seed round with other crypto investors.
Funding
Amount
-
Total raised
Date
September 22, 2025
Announcement date
Investors
Paypal Startup Blueprint, Bitfinex
Lead investors
Company
https://stable.xyz/
Funded company
Classifications
industries
Fintech & Banking
applications
No applications detected
AskAI Classifications
Labels
Blockchain Infrastructure
Fintech Software
Payments Software
Linked Companies
Stable
up to $1M