Stable Expands Leadership Team to Drive Next Phase of Growth for Tether-Focused Layer 1

Seasoned executives in technology, finance, and operations join to advance Stable's mission to deliver seamless global payments infrastructure

NEW YORK, Aug. 28, 2025 /PRNewswire/ -- Stable, the layer 1 blockchain network powered by USDT and designed to achieve seamless financial transactions through stablecoins, today announced the appointment of several senior leaders, including Matthew Tabbiner as Chief Executive Officer, Sam Kazemian as Chief Technology Officer, Brian Mehler as Chief Financial Officer, and Thibault Reichelt as Chief Operating Officer. Together, the team brings extensive experience spanning blockchain infrastructure, finance, and operations that will accelerate Stable's evolution into the core payments layer for Tether adoption.

The expanded leadership team marks an important step in Stable's growth and will play a critical role in scaling its secure, decentralized payments infrastructure powered by the world's most widely used stablecoin. These appointments follow the company's $28 million seed funding round, led by Bitfinex & Hack VC, with participation from Franklin Templeton, Castle Island Ventures, eGirl Capital, Bybit-Mirana, Susquehanna Crypto, Nascent, Blue Pool Capital, BTSE and KuCoin Ventures.

Headlining the executive revamp is the appointment of Matthew Tabbiner as Chief Executive Officer, where he will lead Stable's long-term vision and strategy, guiding its evolution into the core payments layer for Tether adoption. A seasoned founder, advisor, and investor, Tabbiner advised the Milken Institute in launching its Middle East and Africa operations, served as Partner at Introsight Advisors working with institutions such as Ontario Teachers' Pension Plan, Mubadala Ventures, and Galaxy Digital, and co-founded Bonzai Technologies. He holds a degree with Honors from the University of Toronto and was a Visiting Student at Worcester College, University of Oxford.

"I'm honored to step into the role of CEO at this pivotal moment for Stable," said Tabbiner. "The founders have done an incredible job bringing the project to life and building the foundation for Stable to succeed. I'm excited to help take the protocol to the next level as we continue scaling our platform. As part of this next chapter, I'm thrilled to welcome Sam, Brian, and Thibault to the team. Each of them brings the expertise, vision, and executional focus we need to accelerate Stable's growth and expand the reach of our platform globally."

Sam Kazemian, joining as Chief Technology Officer, brings extensive expertise in building scalable financial protocols for Stable's infrastructure design. Prior to joining Stable, Kazemian founded Frax, a top-five global stablecoin with a $1.4 billion market value, where he pioneered hybrid collateral and onchain stabilization mechanisms. At Stable, he will lead innovation and technology developmen in payment applications, cross-border transaction efficiency, and developer integration for Tether. Kazemian also co-founded IQ.wiki, the world's largest blockchain encyclopedia, and studied philosophy and neuroscience at UCLA.

Brian Mehler, appointed as Chief Financial Officer, brings more than 15 years of experience in finance, venture capital, and blockchain. He previously served as CFO and Managing Director at Gateway Capital and as Vice President of Venture Investments at Block.one, where he helped manage a $1 billion blockchain fund backing companies such as Galaxy Digital, Mythical Games, and Securitize. At Stable, Mehler will oversee financial strategy, governance, and capital allocation to support sustainable growth. He earned a Bachelor of Science in Business from Indiana University's Kelley School of Business, with majors in Finance and Real Estate.

Thibault Reichelt, Stable's Chief Operating Officer, began his career at Kirkland & Ellis and the Abu Dhabi Investment Council before moving into venture investing, where he backed companies and protocols such as Compound, dYdX, StarkWare, Circle, Kraken, Wintermute, Anthropic, and xAI. At Stable, he is leading operations, global scaling, and cross-border partnerships to ensure the network can support enterprise and developer adoption worldwide. Reichelt holds a Juris Doctor from Columbia Law School and an MPhil in Management from the University of Cambridge.

About Stable
Stable is a Layer 1 blockchain designed for seamless financial transactions, powered by USDT as the native gas token. Its design prioritizes usability, reducing friction for end users by eliminating the need for volatile tokens for transaction fees. Ideal for peer-to-peer payments, remittances, and cross-border transactions, Stable enables virtually instant settlement, enhances capital efficiency, and creates a user-friendly ecosystem for developers and users alike.

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