Stables
Stables is a USDT-native payments infrastructure company providing a unified API for virtual accounts, cross-border transfers, embedded compliance, and AI-agent payment workflows, serving fintechs, exchanges, neobanks, and developers across 160+ markets in Asia and MENA.
- Company typePrivate
- Founded2024
- HeadquartersSydney, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Stables does
Stables is a USDT-native payments infrastructure company building a unified API for cross-border stablecoin flows across Asia and MENA. The platform comprises four core products on a single API: Virtual Accounts (reusable local payment details that collect fiat and auto-settle to USDT), Transfers (quote-first money movement across fiat rails, stablecoins, and 160+ market corridors), Compliance (embedded KYC/KYB, sanctions screening, AML/KYT monitoring, and travel rule support), and AI Agents & MCP (a Model Context Protocol server that exposes payment primitives to AI agents). Underlying technology includes integration with USDT0 for cross-chain interoperability across 20+ blockchain networks, SOC 2 Type 2 certification, and PCI-DSS/GDPR-aligned controls. The company operates regulated entities in Singapore (regional HQ), Australia (AUSTRAC DCE), Poland (VASP), Hong Kong, Abu Dhabi (ADGM), and Canada (FINTRAC MSB).
The company serves fintech platforms, digital asset exchanges and OTC desks, developers building payment products, and increasingly digital banks across Asia-Pacific and the Middle East. Named enterprise customers process $85M-$200M+ per month or quarter through the platform. GTM is dual-motion: an API-first self-serve developer platform with sandbox (integration possible in one afternoon) layered with an enterprise field sales motion targeting clients in the $1M-$100M+ monthly volume tiers. Revenue is hybrid — one-time integration fees, recurring monthly API minimums, and usage-based fees on FX transactions, virtual accounts, and KYC checks — following a land-and-expand model where unit economics improve as client throughput scales.
The company was founded (with a noted discrepancy between 2021 firmographics data and 2024 in company history) and is led by CEO and co-founder Bernardo Bilotta, with CTO Tony Tao and CRO David Nichols. Stables is venture-backed (a 2022 funding round raised $3.73M from FinTech Collective, Global Founders Capital, Jump Crypto, and others) and has rapidly built out its partnership ecosystem through 2025-2026 with Orobit.ai (exclusive distribution), Mansa (liquidity), eStable (local stablecoin issuing), t-0 Network (settlement), and USDT0 (cross-chain). No funding rounds after 2022 are disclosed, and revenue is not publicly reported.
Stables firmographics
Firmographics- Name
- Stables
- Legal name
- Stables Group
- Website
- https://stables.money
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Stables is a USDT-native payments infrastructure company providing a unified API for virtual accounts, cross-border transfers, embedded compliance, and AI-agent payment workflows, serving fintechs, exchanges, neobanks, and developers across 160+ markets in Asia and MENA.
- Ownership category
- akta.pro rank
Stables industry classification
Industry- Product category
- Stablecoin Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199), Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
- akta.pro secondary industries
- Mint/Redeem, Issuance APIs & Treasury Operations Platforms (FSADADAE), On/Off-Ramps & Fiat Liquidity Providers for Stablecoins (FSADADAG), Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption) (FSAPAEAB), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)
Keywords
Where Stables is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices6 records
Markets served
Stables business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- API Integration and Access Fees: One-time integration fee plus recurring monthly API minimum for platform access. Land-and-expand model where unit economics improve as clients scale volume.
- FX and Transaction Fees: Usage-based fees charged on foreign exchange transactions and payment volume. Variable pricing that scales with throughput.
- Virtual Account Fees: Fees for issuing and maintaining virtual accounts for fiat collection and stablecoin settlement.
- KYC/KYB Verification Fees: Fees for customer identity verification, document processing, and ongoing compliance screening.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Pay-as-you-go | Starter: Low or variable volume with no monthly commitment |
| Hybrid | Monthly | Growth: Consistent or high volume with minimum commitment |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Stables product offering
Product offeringCore offering
Stables provides a unified API-first stablecoin payment infrastructure for businesses operating in Asia and MENA, enabling them to collect fiat, convert to USDT, and disburse to 160+ markets through a single integration. The platform bundles four core capabilities—virtual accounts for fiat collection, quote-first cross-border transfers, embedded KYC/KYB and AML compliance, and an MCP server for AI-agent-driven payment workflows—alongside deep liquidity partnerships and regulatory licensing across five jurisdictions.
Product overview
Stables is a unified API-first platform providing USDT-native payment infrastructure for Asia and MENA. The platform consists of four core products: Virtual Accounts (for collecting fiat and settling into stablecoins), Transfers (for quote-first cross-border payouts across 160+ markets), Compliance (KYC/KYB, sanctions screening, AML monitoring built into every payment flow), and AI Agents & MCP (for operating payments through AI agents via the Model Context Protocol). These products share a single API and compliance layer, enabling developers to collect fiat, convert to USDT, move money across borders, and automate workflows through AI—all while meeting enterprise compliance standards.
Differentiator
Problem solved
Functional benefit
Products and services
- Virtual Accounts Reusable local payment details (BSB and account numbers, PayID, IBAN, etc.) that allow businesses to collect fiat deposits from their end users, which automatically convert to USDT and settle to a designated wallet. Designed for fintech platforms, exchanges, and developers building dollar-denominated accounts.
- Transfers Quote-first money movement across fiat rails, stablecoins, and supported corridors, with locked FX rates at quote time. Enables USDT-to-fiat payouts to 160+ markets using local rails including PayID/NPP, FPS, UPI/IMPS/NEFT, BI-FAST, PayNow/FAST, PromptPay, Aani, SEPA, Faster Payments, CHAPS, ACH, Fedwire, and FedNow.
- Compliance End-to-end compliance layer embedded in every payment flow, including identity verification, sanctions screening, PEP checks, AML monitoring (KYT), travel rule compliance, configurable limits, and automatic review flows. Supports SOC 2, PCI-DSS, and GDPR-aligned controls and provides audit-ready records and reporting.
- AI Agents & MCP Model Context Protocol server that exposes Stables API capabilities (customers, quotes, transfers, virtual accounts, webhooks) as tools that AI agents can call directly. Enables autonomous software to build and run payment workflows in natural language, with explicit human approval required before any money movement occurs.
Quantifiable outcome
- Settlement time reduced from 3 days to under 1 minute for fintech customers
- +2 more outcomes
Companies that use Stables
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Stables technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability3 records
Feature5 records
Stables partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and flagship.
- USDT0coreIntegration of USDT0 infrastructure enabling seamless USDT transfers across 20+ blockchain networks as a single unified supply without bridges or wrapped tokens. Developers can integrate once to move assets across any supported chain.
- t-0 NetworkcorePartnership establishing t-0 Network as dedicated settlement partner enabling institutional-grade reliability across multiple jurisdictions and currency pairs. Addresses critical liquidity bottlenecks by providing deep liquidity for large-scale digital asset movement, backed by Tether.
- eStablecoreStrategic partnership integrating institutional-grade banking infrastructure and local stablecoin issuing capabilities. Enables Stables' developer customers to access institutional rails for seamless movement between fiat and stablecoins, including direct minting of local stablecoins in Asian markets backed by USDT and Tether's Hadron.
- MansacoreStrategic partnership establishing a dedicated liquidity layer for Stables' network of fiat-to-USDT corridors across Asia. Mansa provides short-term liquidity to stabilize corridors during volatile periods, having processed $394M across 40+ currency corridors since August 2024 launch. Combined offering serves as orchestration layer for cross-border USDT transactions.
- Orobit.aiflagshipExclusive partnership making Stables the fiat on-ramp and off-ramp provider for the entire Orobit ecosystem across 150+ countries. Enables seamless conversions between fiat currency, stablecoins, and crypto assets. Orobit recently surpassed $1 billion fully diluted valuation.
Scale indicators7 records
Recent moves9 records
Expansion highlights6 records
Stables competitors and assessment
Company assessmentDirect peers
- Triple-A: Triple-A is a crypto payments processor licensed by MAS in Singapore offering stablecoin-based payment acceptance and payouts for businesses. It is comparable to Stables in fiat-to-stablecoin conversion services targeting merchants and platforms in Asia.
- Alchemy Pay: Alchemy Pay is a crypto payment gateway providing fiat on/off ramps and cross-border settlement via stablecoins across emerging markets. It overlaps with Stables in serving payment integrations for businesses and Web3 platforms across Asia and emerging regions.
- BVNK: BVNK provides stablecoin and fiat payment infrastructure for businesses, enabling collection, conversion, and payout across corridors with built-in compliance. It is the closest direct competitor to Stables in API-first cross-border stablecoin orchestration for fintechs and exchanges.
- Bridge (Stripe): Bridge offers stablecoin orchestration APIs for businesses to accept, send, and convert stablecoins; acquired by Stripe in 2024. It competes directly with Stables in serving fintechs and platforms needing stablecoin payment rails with developer-first tooling.
- TransFi: TransFi provides cross-border payment rails leveraging stablecoins and local rails to enable payouts across 100+ countries. It competes with Stables on quote-first stablecoin payouts to emerging markets and on developer integration for fintechs and exchanges.
Broad incumbents
- Paxos: Paxos issues regulated stablecoins (USDP, PYUSD on behalf of PayPal) and provides tokenization and settlement infrastructure. It is a broad incumbent in stablecoin issuance and rails that competes with Stables at the institutional settlement layer.
- Ripple: Ripple offers Ripple Payments (formerly RippleNet) for cross-border B2B transfers and RLUSD stablecoin. It is a broad incumbent addressing the same cross-border payment pain points Stables targets, with deeper capital and bank relationships.
- Circle: Circle issues USDC and operates cross-border payments, CCTP, and developer APIs for stablecoin transactions. As the largest regulated stablecoin issuer, it competes with Stables both as a rail and increasingly as an orchestration platform via Circle Payments.
Others
- Fireblocks: Fireblocks provides custody, settlement, and tokenization infrastructure for digital assets used by exchanges and fintechs. It is an enabling infrastructure peer where Stables' exchange and OTC clients may also be Fireblocks users, and where Fireblocks' payment offerings overlap with Stables' orchestration.
Emerging players
- Yellow Card: Yellow Card operates stablecoin on/off ramps and B2B cross-border payments across Africa with expansion into Asia. It overlaps with Stables' emerging-market stablecoin corridor thesis, particularly for underserved banking regions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Stables social profiles
Digital presenceStables compliance and trust
Trust signalCompliance3 records
Stables financial estimates
Financial estimateRevenue estimate
Valuation estimate
Stables leadership team
Management profileNumber of profiles
Profiles4 records
Stables subsidiaries and ownership
Company hierarchySubsidiaries2 records
Stables funding detail
Funding detailFunding overview
Funding rounds2 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Stables M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Stables
What does Stables do?
Stables provides a unified API-first stablecoin payment infrastructure for businesses operating in Asia and MENA, enabling them to collect fiat, convert to USDT, and disburse to 160+ markets through a single integration. The platform bundles four core capabilities—virtual accounts for fiat collection, quote-first cross-border transfers, embedded KYC/KYB and AML compliance, and an MCP server for AI-agent-driven payment workflows—alongside deep liquidity partnerships and regulatory licensing across five jurisdictions.
Is Stables a public or private company?
Stables is a private company. It is classified as venture growth investor backed and is currently operating.
When was Stables founded?
Stables was founded in 2024. It employs 11 to 50 people.
Where is Stables based?
Stables is headquartered in Sydney, Australia, in the Oceania region.
How does Stables make money?
Four revenue lines are on record. API Integration and Access Fees are the primary driver. The others are FX and Transaction Fees, virtual Account Fees and KYC/KYB Verification Fees.
Who are Stables's main competitors?
Direct peers on record are Triple-A, Alchemy Pay, BVNK, Bridge (Stripe) and TransFi. Broad incumbents are Paxos, Ripple and Circle. Fireblocks is listed as an others. Yellow Card is listed as an emerging player.
Does Stables have an API?
Yes. Stables provides a REST API for USDT payment infrastructure in Asia and MENA. The API enables developers to create customers, manage virtual accounts, execute transfers, and handle compliance/KYC through programmatic endpoints. Authentication uses Bearer tokens with idempotency keys for safe retries. The API supports webhooks for asynchronous payment status events. A sandbox environment mirrors production, and switching to live requires a single config change. The company also offers an MCP (Model Context Protocol) server, allowing AI agents (such as Claude, ChatGPT, and Cursor) to interact with payment primitives through natural language tools. Developer documentation is at docs.stables.money.
What industry is Stables in?
Stables's product category is Stablecoin Payment Infrastructure. Its primary akta.pro industry code is BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms, with a secondary code of FSADADAE, Mint/Redeem, Issuance APIs & Treasury Operations Platforms. Its NAICS code is 522320 and its SIC code is 6199.