“Can a developer-first USDt API eliminate correspondent banking friction for cross-border payments across Asia?”
Stables is a developer-focused API platform enabling USDt (Tether stablecoin) payments across Asia. The platform allows businesses to collect local currencies, convert them to USDt in real time via ACH, SEPA, SWIFT, PIX, and 30+ local rails, and settle cross-border without pre-funding or correspondent bank markups. The product is positioned as institutional-grade stablecoin infrastructure with built-in KYC/KYB, sanctions screening, and SOC 2 certification.
Stables processes payments through Stables (self-operated). Disclosed money-movement rails: ACH, SWIFT, SEPA and Pix.
Stables runs its ledger on Formance.
Stables uses Stables (self-operated) for FX and cross-border payouts.
Stables's crypto products run on Stables (self-operated).
The Embedded Finance Index 2026 maps 5 layers in Stables's stack: Payments / PSP (Stables (self-operated)); Money movement (ACH, SWIFT, SEPA and Pix); Ledger (Formance); FX & payouts (Stables (self-operated)); Crypto (Stables (self-operated)).
Stables is headquartered in Asia (exact location not disclosed in evidence).
Get a read on where your own stack stands against Stables and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.