Stable Sea, a stablecoin liquidity and orchestration startup founded by former Block employees, has raised $3.5 million in funding led by Kindred Ventures to address the challenges of stablecoin-to-fiat conversion. The company aims to streamline global stablecoin offramping by providing deep liquidity, efficient last-mile payouts, and regulatory compliance for institutions, fintechs, and Fortune 500 companies. With the stablecoin industry’s annualized transaction value reaching $15.6 trillion in 2024, and regulatory conditions becoming more favorable, Stable Sea’s infrastructure effectively bridges the gap between digital and traditional financial systems.
Stable Sea Raises $3.5M for Global Stablecoin Offramping