Press release
PayRate42 Lists and Analyzed Stables
Background
Stables, founded in February 2021, is a digital wallet service that allows users to manage, spend, send, and earn stablecoins like USDC and USDT. The company operates under the regulatory frameworks of AUSTRAC in Australia and VASP in Poland.
Offering
Stables provides a versatile digital wallet with features such as a Stables Card, usable anywhere Mastercard is accepted, and facilitates global transfers without fees. It emphasizes security with institutional-grade cryptography and multi-chain support for deposits and withdrawals.
Regulation
Stables is operated by Tiiik Pty Ltd in Australia and Stables Europe in Poland. It complies with AUSTRAC and Polish virtual currency regulations, ensuring adherence to necessary legal standards.
Customer Feedback
Stables has received mixed customer feedback, with a Trustpilot rating of 2.8 stars from 4 reviews, a 4.7-star rating on the Apple App Store from over 90 reviews, and a 3-star rating on Google from 2 reviews.
Conclusion and Rating
PayRate42 has rated Stables with a "Green" status for both compliance and merchant operations. This positive rating reflects the company's adherence to regulatory standards, secure transaction protocols, and its partnership with Mastercard.
For more details, visit PayRate42's review of Stables: https://payrate42.com/listings/stables/
8 The Green
19901 City of Dover
Delaware
United States
PayRate42 is a rating agency specializing in payment processors. Our main goal is to protect merchants and consumers by providing transparency through the evaluation and rating of financial service providers. High-Risk Payment Processors (HRPP) operating outside the established regulatory framework are our primary focus.
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