Sunday, 16 Nov 2025
  • About Us
  • Contact Us
  • Terms and Conditions
  • Privacy Policy
Subscribe
Life Care News
  • Home
  • Business
    • Business Wire
    • Globenews Wire
  • News
    NewsShow More
    International Conference on Fashion as a Tool for Social Change 2025 Concludes at Woxsen University
    International Conference on Fashion as a Tool for Social Change 2025 Concludes at Woxsen University
    16/11/2025
    XTransfer and KBank Team Up to Turbocharge International Trade Across ASEAN at SFF 2025
    XTransfer and KBank Team Up to Turbocharge International Trade Across ASEAN at SFF 2025
    16/11/2025
    Shanghai Electric and Siemens Sign Framework Agreement to Accelerate Green and Digital Power Grid Transformation
    Shanghai Electric and Siemens Sign Framework Agreement to Accelerate Green and Digital Power Grid Transformation
    15/11/2025
    Bybit x Block Scholes Report: Crypto Positioning Forewarned Bitcoin Bear Market
    Bybit x Block Scholes Report: Crypto Positioning Forewarned Bitcoin Bear Market
    15/11/2025
    Intellipaat Partners with IndiaAI Mission (MeitY) to Empower Citizens with AI Literacy and Build an AI-Ready India
    Intellipaat Partners with IndiaAI Mission (MeitY) to Empower Citizens with AI Literacy and Build an AI-Ready India
    14/11/2025
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
  • 🔥
  • news
  • global
  • Business
  •  and
  • announced
  • today
  •  the
  • company
  • june
  • Tech
Font ResizerAa
Life Care NewsLife Care News
  • Home
  • Business
  • News
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
Search
  • Home
  • Business
    • Business Wire
    • Globenews Wire
  • News
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Business

KuCoin Ventures Announces Strategic Investment in Stable — The First Stablechain Powered by USDT

PRNW Agency
Last updated: 01/08/2025 2:19 AM
PRNW Agency
Share
4 Min Read
KuCoin Ventures Announces Strategic Investment in Stable — The First Stablechain Powered by USDT
SHARE
KuCoin Ventures Announces Strategic Investment in Stable — The First Stablechain Powered by USDT

PROVIDENCIALES, Turks and Caicos Islands, July 31, 2025 /PRNewswire/ — KuCoin Ventures, the investment arm of leading global cryptocurrency exchange KuCoin, has announced a strategic investment in Stable, the world’s first high-throughput Layer1 blockchain powered by USDT, dedicated to serving as the infrastructure for stablecoin asset issuance and settlement while advancing the development of a global stablecoin clearing and settlement network.

- Advertisement -

Stable draws support from the teams at Tether and Bitfinex, with Bitfinex’s Chief Technology Officer, Paolo Ardoino, acting as a project advisor. This funding round featured joint participation from KuCoin Ventures and Paolo Ardoino, along with other investors including Bitfinex, Hack VC, Franklin Templeton etc. This diverse group—spanning crypto-native capital and established traditional finance players—underscores a strong market consensus on the need to evolve stablecoin infrastructure.

- Advertisement -

Positioned specifically for stablecoin payment use cases, this Layer1 blockchain targets three key challenges in current on-chain stablecoin applications: fluctuating fee structures, slow confirmation times, and complex user interactions. In contrast to public blockchains like Ethereum or Tron, Stable adopts a “built-for-stablecoins” approach in its architecture and user experience, aiming to transform how stablecoins are technically supported through its dedicated Stablechain network.

- Advertisement -

At the heart of Stable’s innovations are:

- Advertisement -
  • USDT as Native Gas: Stable uses USDT as the native gas token. Users do not need to hold any platform tokens to initiate transactions, and peer-to-peer USDT transfers are gas-free, greatly simplifying the user experience; 
  • High-performance architecture: Built on the StableBFT consensus (based on Cosmos’ CometBFT) and soon integrating a DAG architecture, Stable offers high throughput and near-instant confirmation times;
  • Enterprise-grade security & scalability: Businesses can apply for dedicated block space, enabling predictable transaction speeds and fees, making it ideal for enterprise-level payment needs.

This investment marks a continued expansion of KuCoin Ventures’ strategy in supporting next-generation payment infrastructure and the stablecoin economy.

- Advertisement -

Cass Tsai, the head of KuCoin Ventures, commented:

- Advertisement -

“We firmly believe in the long-term potential of stablecoins in global payment ecosystems. Stable, as a high-performance blockchain tailored for USDT, provides a clear path forward for scalable stablecoin circulation, settlement, and cross-border use cases. We look forward to working with the Stable team to advance the development of a global stablecoin clearing and settlement network, and to support the industry’s next growth chapter.”

- Advertisement -

Joshua Harding, Co-founder and CEO of Stable, said:

- Advertisement -

“Payments infrastructure around the world needs an overhaul, and traditional methods have failed to achieve fast, reliable, and secure digital payments despite massive demand from consumers across the globe. Stable was developed to take advantage of the potential behind stablecoins like USDT to offer instant and seamless payments, directly addressing problems with current payment rails. The support we have received from major investors in both crypto and traditional finance shows that they share our vision, one that we are incredibly excited to work alongside them to make a reality.”

- Advertisement -

About KuCoin Ventures

- Advertisement -

The leading investment arm of KuCoin Exchange, KuCoin Ventures, is committed to investing in the most disruptive crypto and blockchain projects shaping the Web3 era.

- Advertisement -

About Stable

- Advertisement -

Stable is the first Stablechain—a dedicated payments Layer 1 where stablecoins like USDT are used natively for gas and settlement.

- Advertisement -

 

- Advertisement -

Photo – https://mma.prnewswire.com/media/2741779/image_5002362_30148833.jpg

- Advertisement -

Logo – https://mma.prnewswire.com/media/2641815/KuCoin_Horizontal_Green_LOGO_Logo.jpg

- Advertisement -

View original content:https://www.prnewswire.co.uk/news-releases/kucoin-ventures-announces-strategic-investment-in-stable–the-first-stablechain-powered-by-usdt-302518861.html

- Advertisement -
FIS concludes a successful 2024/25 season on the snow, with plans in place for 2025/26
Angelalign Technology Denies Patent Infringement and Vows Vigorous Defense
Satellogic Reports Second Quarter Financial Results
Vantage to Join Forex Expo Dubai 2025 as Elite Sponsor
MBZUAI and G42 Launch K2 Think: A Leading Open-Source System for Advanced AI Reasoning
TAGGED: theAdventureannouncedannouncesardoinoarmbitfinexblockchaincaicoscryptocurrencydedicatedexchangefirstglobalhighthroughputinfrastructureinvestmentislandsjulykucoinlayerleadingnetworknewspaolopoweredprovidencialessettlementstablestablechainstablecoinstrategicturksusdtuserventuresworlds
Share This Article
Facebook Copy Link Print
- Advertisement -

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
PinterestPin
InstagramFollow
YoutubeSubscribe
LinkedInFollow
MediumFollow

Most Selling Products

Top Picks, Trending Now – Discover the Best Sellers!
Tecno Camon 20 Premier 5G

Tecno Camon 20 Premier 5G

Dark Welkin | 8GB RAM + 512GB Storage (Expandable RAM up to 16GB) | Industry’s 1st 50MP RGBW-Pro Camera | Segment-First 108MP Ultra-Wide Macro Lens | 6.67" 120Hz 10-bit AMOLED In-Display

iQOO Z10 Lite 5G

iQOO Z10 Lite 5G

Titanium Blue | 6GB RAM + 128GB Storage | Dimensity 6300 5G with 433K+ AnTuTu Score | Robust 6000mAh Battery | IP64 Rated + Military-Grade Shock Resistance

OnePlus 13s

OnePlus 13s

Black Velvet | 12GB RAM + 256GB Storage | Flagship Snapdragon® 8 Elite Chipset | Exceptional Battery Life in a Compact Form | Lifetime Display Warranty Included

Samsung Galaxy A55 5G

Samsung Galaxy A55 5G

Awesome Iceblue | 8GB RAM + 256GB Storage | Premium Metal Frame | 50MP OIS Main Camera with Nightography | IP67 Water & Dust Resistance | Gorilla Glass Victus+ | sAMOLED Display with Vision Booster

You Might Also Like

GameChange Solar Rises to Third Globally and Second in U.S. Solar Tracker Market
Tech

GameChange Solar Rises to Third Globally and Second in U.S. Solar Tracker Market

13/08/2025

2025 GENESIS CHAMPIONSHIP TEES OFF: GLOBAL PLAYERS VIE FOR $4 MILLION PRIZE POOL

24/10/2025
3iQ and Further Announce Strategic Partnership to Launch Digital Asset Multi-Strategy Hedge Fund
Business

3iQ and Further Announce Strategic Partnership to Launch Digital Asset Multi-Strategy Hedge Fund

19/10/2025
AIXA Miner Enhances Security with Platform Audit Amid Cloud Mining Momentum
Tech

AIXA Miner Enhances Security with Platform Audit Amid Cloud Mining Momentum

16/07/2025
Life Care News
Facebook Twitter Youtube Rss Medium

Life Care News:


We increase the awareness of millions of users through our news networks. We are one of the most trusted news networks in the world.

Top Categories
  • Home
  • Business
  • News
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
Usefull Links
  • About Us
  • Contact Us
  • Terms and Conditions
  • Privacy Policy
Copyright © 2015 – 2025 LifeCareNews Network. All Rights Reserved. LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283
Life Care NewsLife Care News
Copyright © 2015 - 2025 LifeCareNews Network. All Rights Reserved. LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?