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Stables

Stables

Stables provides a stablecoin account designed to replace traditional bank accounts. It allows users to buy, spend, and send stablecoins for everyday payments globally using the Stables Card and various payment rails. The platform, which serves both individuals and businesses, integrates stablecoins with conventional payment systems to simplify crypto transactions and facilitate on-ramping and off-ramping with fiat currencies.
Hong Kong, HK

Description

Stables is a financial technology company, founded in 2021, that provides a stablecoin-based account as an alternative to traditional banking. Their mission is to create a universal internet money network by making stablecoins easy and usable for everyday payments. The core product is a virtual Stables Card, powered by Mastercard, which allows users to spend stablecoins (like USDT, USDC, DAI, and PYUSD) globally, both online and in-store with Apple and Google Pay support. The platform enables users to buy, sell, and send stablecoins, which can be received as cash in over 30 currencies, with support for various blockchains and OTC services for large transactions. Catering to individuals, businesses, remote workers, and travelers, Stables emphasizes security with SOC 2 Type I certification and MPC cryptography. The service is intended for residents of Hong Kong.