As a high-frequency carrier, the terahertz (THz) wave is essential for achieving high-data-rate wireless transmission due to its ultra-wide bandwidth. Phase stabilization becomes crucial to enable phase-shift-based multilevel modulation for high-speed data transmission. We developed a Mach–Zehnder interferometric phase stabilization technique for photomixing, which has proved a promising method for phase-stable continuous THz-wave generation. However, this method faced inefficiencies in generating phase-modulated THz waves due to the impact of the phase modulator on the phase stabilization system. By photomixing, which is one of the promising methods for generating THz waves, the phase of the generated THz waves can be controlled in the optical domain so that the stability of the generated THz wave can be controlled by photonics technologies. Thus, we devised a new phase stabilization approach using backward-directional lightwave, which is overlapped with the THz wave generation system. This study presented a conceptual and experimental framework for stabilizing the phase differences of optical carrier signals. We compared the optical domain and transmission performances between forward-directional and backward-directional phase stabilization methods. Remarkably, our results demonstrated error-free transmission at a modulation frequency of 3 Gbit/s and higher.