Saturday, 17 Jan 2026
  • About Us
  • Contact Us
  • Terms and Conditions
  • Privacy Policy
Subscribe
Life Care News
  • Home
  • Business
    • Business Wire
    • Globenews Wire
  • News
    NewsShow More
    World Customs Organization praises ‘e-commerce platform’ in trilingual report
    World Customs Organization praises ‘e-commerce platform’ in trilingual report
    31/12/2025
    Shri Acharya Devvrat, Governor of Gujarat, and Union Ministers Shri Kinjarapu Ram Mohan Naidu & Gajendra Singh Shekhawat Grace Namotsav at Sanskardham
    Shri Acharya Devvrat, Governor of Gujarat, and Union Ministers Shri Kinjarapu Ram Mohan Naidu & Gajendra Singh Shekhawat Grace Namotsav at Sanskardham
    31/12/2025
    International Forum “Problem-Solving City: Hong Kong as a Disputes Resolver”
    International Forum “Problem-Solving City: Hong Kong as a Disputes Resolver”
    28/12/2025
    Roca Group opens the Roca Delhi Gallery, its first in India, as part of its international network of design-led cultural spaces
    Roca Group opens the Roca Delhi Gallery, its first in India, as part of its international network of design-led cultural spaces
    28/12/2025
    Confidence Surges Among Small Enterprises Despite Global Headwinds, Reflecting India’s Strong Economic Momentum – ASSOCHAM Dun & Bradstreet Small Business Confidence Index
    Confidence Surges Among Small Enterprises Despite Global Headwinds, Reflecting India’s Strong Economic Momentum – ASSOCHAM Dun & Bradstreet Small Business Confidence Index
    27/12/2025
  • Tech
  • Health
  • Sports
  • Entertainment
  • Automobile
  • 🔥
  • news
  • global
  •  and
  •  the
  • announced
  • today
  • Business
  • Tech
  •  for
  • will
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 -
The Fabric of Change: Weaving a Legacy of Empowerment and Compassion with Style Baazar’s CSR Initiatives
Lotpot Comics Collaborates with Shin chan A Delightful Fusion of Two Iconic Kids' Entertainment Worlds
Neeyamo launches ARIA, its AI-Powered Payroll & HR Agent for Global Enterprises
NCS Receives Frost & Sullivan’s 2025 Singapore Company of the Year Recognition in the Managed IT Services Industry
LEPAS’s First Overseas Showcase: Redefining Premium Mobility at Indonesia Auto Show
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

JZXN Raises Funds through Convertible Notes to Acquire Bitcoin, Initiating a Strategic Layout of Thousands of Bitcoins
Business

JZXN Raises Funds through Convertible Notes to Acquire Bitcoin, Initiating a Strategic Layout of Thousands of Bitcoins

14/06/2025

AP Moller Capital to Invest up to INR 1,350 Crores in Renewable Energy Platform Developed by Rays Power Infra

23/12/2025
Anderson Diagnostics and MAHE Launch Groundbreaking Centre of Excellence in Reproductive Genomics
Health

Anderson Diagnostics and MAHE Launch Groundbreaking Centre of Excellence in Reproductive Genomics

14/12/2025
Syngene International announces third year of STEM scholarship and mentorship program for women in collaboration with RICH
Health

Syngene International announces third year of STEM scholarship and mentorship program for women in collaboration with RICH

12/07/2025
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?