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About Stables
Stables is a stablecoin payments infrastructure company founded in 2021, now headquartered in Singapore, formerly the consumer stablecoin wallet Tiiik. The pain point it addresses is that cross-border corporate collections require separate integrations with acquiring banks, FX providers, compliance screening and virtual account vendors, duplicating integration and maintenance cost; Stables uses a single REST API and SDK to consolidate USDt collection, fiat payouts to more than 100 countries, virtual accounts and stablecoin conversion into one interface, with built-in KYC/KYB, real-time transaction monitoring, sanctions screening and FATF travel rule compliance. Its early consumer Mastercard stablecoin prepaid card in Australia ceased service on March 25, 2026, with the company's focus shifting to institutional payment APIs.
In the stablecoin payments track, Stables divides labor with card issuers and wallet products: it runs neither an end-user wallet nor a card network, instead providing collection, settlement and compliance middleware to fintech platforms, exchanges and OTC desks, priced by corridor and usage. It issues products through existing licensed entities across jurisdictions, avoiding rebuilding the compliance stack market by market. The shift from consumer cards to enterprise APIs recalibrates the customer base and revenue model around B2B, with the early consumer brand giving way to an institutional integrator role.
On April 29, 2026, Stables announced a partnership with eStable in Singapore to plug institutional banking settlement and local stablecoin issuance into its developer platform, with newly issued local stablecoins backed by USDT and Tether's Hadron. The deal followed an April 15 partnership with Mansa for settlement liquidity.
On May 12 Stables integrated t-0 Network, on May 20 it added USDT0 to reduce cross-chain fragmentation, and on August 5 it partnered with Access Bank South Africa to connect African trade with Asia. The company reports more than $1.5 billion in annualised payment volume across 150 Asian currencies, holds an Australian digital currency exchange licence, a European VASP registration and a Canadian MSB licence, and is preparing a multi-million-dollar Series A.
Stables is moving from USDT corridors to a local stablecoin issuance and settlement layer, continuing to add banking and acquiring partners across Asia and to replicate its licensing experience in more markets.
Bernardo Bilotta — Co-founder & CEO; previously Chief Product Officer; driving the pivot to a USDT payments API and compliant settlement for Asia.
Erez Rachamim — Co-founder; long-serving former CEO with a venture capital and capital-raising advisory background; helped found the company in 2021.
Daniel Li — Co-founder & COO; serial entrepreneur who led the company's first capital raise.
Tony Tao — Co-founder & CTO; responsible for the wallet and payments stack.
David Nichols — Co-founder & Chief Risk Officer; responsible for risk and compliance.
Stables holds an Australian Digital Currency Exchange registration with AUSTRAC (DCE100780083-001) for stablecoin exchange services， and is registered as a Virtual Asset Service Provider (VASP) in Poland (KRS 0001027447) via Stables Europe， supporting stablecoin card payments across Europe.