Cactus Custody, the digital asset custodian under BIT Group, announced the successful integration with the StableChain, a L1 blockchain purpose-built for USDT payments. This integration enables institutional clients to securely store, manage, and transact assets on Stable within Cactus Custody’s secure, institutional-grade custody environment.
Stable is a dedicated stablecoin and payments Layer 1 blockchain project backed by Bitfinex and powered by USDT. It uses USDT0 as its native gas token and is specifically built for stablecoin payments and settlements. StableChain offers extremely low transaction fees, making it highly suitable for high-frequency, small-amount payment scenarios, demonstrating significant advantages in cross-border remittance, e-commerce settlement, and daily micro-payments.
As the digital asset market continues to expand, there is a growing institutional need for secure access to on-chain payment networks. By integrating Stable, Cactus Custody leverages its industry-leading secure infrastructure and efficient operational capabilities to empower clients to safely participate in the stablecoin ecosystem.
- Institutional-Grade Security: Assets will be protected by Cactus Custody’s comprehensive security framework, utilizing FIPS 140-3 certified Hardware Security Modules (HSMs) and multi-level approval processes to enhance the security of client assets under custody.
- Compliant Custody Environment: Cactus Custody operates under an institutional compliance framework that includes Swiss SRO membership supporting AML/CTF standards, providing institutions with a compliance-focused gateway to the StableChain.
- Optimized Operational Efficiency: Clients can manage their Stable native assets through Cactus Custody’s API-first architecture, which is designed to handle high-volume institutional operations.
- Unified Management: The integration allows clients to manage assets on the StableChain, as well as over 1,000 tokens on more than 60 supported blockchains, from a single, unified interface.
Cactus Custody has now become an official custody partner for Stable, further consolidating Cactus Custody’s infrastructure position in the stablecoin payment sector, providing services for e-commerce platforms, neobanks, and crypto card providers.
To learn more about Cactus Custody’s support for the StableChain, please visit the official Stable website: https://hub.stable.xyz/ecosystem