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Stably Corporation provides stablecoin development and advisory services, enabling institutions and enterprises to issue their own branded digital currencies. The company offers a Stablecoin-as-a-Service model, leveraging a battle-tested engine for compliant issuance through regulated partners. This infrastructure supports fiat custody, payment processing, and regulatory adherence, integrating stablecoin technology into operations.
Co-founded by Kory Hoang and David Zhang, Stably became stablecoin industry veterans by 2018. Kory Hoang, with extensive financial experience, directs strategy and compliance. David Zhang, a former Amazon AI/ML specialist, leads technology and product development. Their insight centered on traditional businesses needing compliant stablecoin solutions.
Stably serves clients from financial institutions to retailers and other enterprises. The company's vision accelerates stablecoin adoption, bridging traditional finance with the digital economy. This fosters faster, more transparent, and cost-effective global transactions, unlocking new opportunities for its customers.
Stably Corporation has raised $1.5M across 2 funding rounds.
Stably Corporation has raised $1.5M in total across 2 funding rounds.
Stably Corporation has raised $1.5M across 2 funding rounds. Most recently, it raised $1.0M Seed in February 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2019 | $1M Seed | Paul Stahura | Underdog Labs, Howard Love, 500 Startups, Beenext | Announced |
| Apr 1, 2018 | $500K Seed | — | Ascend Vietnam Ventures | Announced |
Stably Corporation has raised $1.5M in total across 2 funding rounds.
Stably Corporation's investors include Paul Stahura, Underdog Labs, Howard Love, 500 Startups, Beenext, Ascend Vietnam Ventures.
Stably Corporation is a Seattle‑based FinTech/Web3 infrastructure company that builds regulated fiat‑backed stablecoin technology, fiat on‑ and off‑ramps, and Stablecoin‑as‑a‑Service (SCaaS) products for enterprises and crypto platforms.[5][2]
High‑Level Overview
Stably builds regulated, fiat‑backed stablecoins and fiat‑to‑crypto infrastructure (on‑ramps/off‑ramps), and offers white‑label Stablecoin‑as‑a‑Service for enterprises, exchanges, wallets and Web3 applications.[5][2] Stably primarily serves enterprises and institutional customers (exchanges, payment processors, merchants, gaming/metaverse platforms, travel/super‑apps and fintechs) that need compliant, scalable stablecoin and fiat gateway solutions.[5][2] The company’s product addresses the problem of bridging traditional finance (slow/expensive cross‑border payments, regulatory risk, and fragmented fiat rails) into the digital economy by offering compliant, faster and lower‑cost fiat‑pegged tokens and integration support for blockchain apps.[5][2] Growth momentum indicators reported by the company include multiple SCaaS clients, over $150M in on‑ramp volume claimed on its site, integrations with major platforms and partnerships with exchanges and bridge protocols.[5][2]
Origin Story
Stably was founded in 2018 in Seattle and is led by a founding team of former bankers and software engineers; Kory Hoang is a co‑founder and leads strategy, risk and compliance while David Zhang is a co‑founder and CTO.[2][5] The idea emerged from a mission to “bridge money from traditional finance to the digital economy” by building fiat‑backed stablecoins and secure fiat rails for Web3 applications, leveraging the team’s finance and engineering backgrounds.[1][5] Early traction included launching regulated USD‑backed stablecoins (notably USDS) and integrations with major platforms and exchanges that helped establish credibility and partner adoption.[2][3]
Core Differentiators
Role in the Broader Tech Landscape
Stably is riding the broader trend of tokenizing fiat and real‑world assets and the enterprise push to adopt programmable money and tokenized payment rails, driven by demand for faster cross‑border payments, DeFi composability and Web3 monetization models.[5][2] Timing matters because regulators and enterprises are increasingly focused on compliant stablecoins and regulated on‑ramps—areas where Stably positions itself as a compliant provider.[3][5] Market forces in its favor include growing enterprise interest in tokenized payments (gaming, travel, super apps), increasing demand for fiat rails into Layer‑1/Layer‑2 ecosystems, and the need for turnkey stablecoin issuance for noncrypto incumbents.[5][2] By enabling enterprise stablecoins and fiat gateways, Stably influences the ecosystem by lowering technical and regulatory barriers to entry for firms that want to issue or accept tokenized fiat, which accelerates mainstream Web3 adoption.[5][2]
Quick Take & Future Outlook
What’s next: Stably is likely to continue expanding enterprise SCaaS clients, increasing on‑ramp volume, deepening exchange and bridge integrations, and extending multi‑chain support to follow where tokenized payments scale.[5][3] Trends that will shape its journey include regulatory developments for stablecoins, enterprise demand for programmable payments, cross‑chain interoperability advances, and competition from large payment incumbents or other SCaaS providers.[3][5] If Stably sustains compliance, partner distribution and technology reliability, it can amplify its influence by becoming a preferred infrastructure vendor for firms that require regulated stablecoins and fiat rails—solidifying the opening claim that it helps bridge TradFi to the digital economy.[5][2]
(If you’d like, I can produce a one‑page investor brief, a technical product map of Stably’s SCaaS stack, or a list of public integrations and regulatory filings with source citations.)
