Stable Sea, a stablecoin liquidity and orchestration startup founded by former Block employees, has emerged from stealth with $3.5 million in funding. The round was led by Kindred Ventures, with participation from Ludlow Ventures, DFS Lab, The Venture Dept, and The Fintech Fund.
The stablecoin market has seen explosive growth, with annualized transaction values hitting $15.6 trillion in 2024. With a more crypto-friendly administration in the White House, the sector is expected to expand further. However, off-ramping stablecoins into local fiat remains complex, opaque, and costly, creating barriers for businesses and end-users.
Stable Sea aims to solve this with technology that enables seamless, programmatic conversion of stablecoins to local fiat across global markets. The platform promises deep liquidity, efficient payouts, and regulatory compliance, helping institutions, fintechs, and startups better integrate stablecoins into real-world financial operations.
CEO Tanner Taddeo explains:
“Stablecoins improve global treasury movements and cross-border payments, but businesses still need local fiat for operations. While pieces of the infrastructure exist, access to liquidity remains a challenge. Stable Sea bridges digital and traditional finance, equipping companies with programmatic off-ramping tools worldwide.”