Latest news with #KuCoinVentures
Malaysian Reserve
31-07-2025
- Business
- Malaysian Reserve
KuCoin Ventures Announces Strategic Investment in Stable
PROVIDENCIALES, Turks and Caicos Islands, July 31, 2025 /CNW/ — 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. 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. 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. At the heart of Stable's innovations are: 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. Cass Tsai, the head of KuCoin Ventures, commented: '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.' Joshua Harding, Co-founder and CEO of Stable, said: '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.' About KuCoin Ventures 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. About Stable Stable is the first Stablechain—a dedicated payments Layer 1 where stablecoins like USDT are used natively for gas and settlement.
Cision Canada
31-07-2025
- Business
- Cision Canada
KuCoin Ventures Announces Strategic Investment in Stable -- The First Stablechain Powered by USDT
PROVIDENCIALES, Turks and Caicos Islands, July 31, 2025 /CNW/ -- 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. 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. 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. At the heart of Stable's innovations are: 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. Cass Tsai, the head of KuCoin Ventures, commented: "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." Joshua Harding, Co-founder and CEO of Stable, said: "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." About KuCoin Ventures 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.
Associated Press
28-04-2025
- Business
- Associated Press
KuCoin Ventures Research Unveils Battle for On-Chain "Gateway" as Newcomers Challenge the Old Guard
VICTORIA, Seychelles, April 28, 2025 /PRNewswire/ -- The landscape for discovering and trading new crypto assets is undergoing a fundamental transformation. A new research from KuCoin Ventures reveals that on-chain trading platforms have rapidly evolved beyond specialized tools, becoming the core battleground for capturing early 'alpha' opportunities. This shift has ignited a fierce battle for user 'gateways,' posing a direct challenge to the long-held supremacy of centralized exchanges as the primary entry point for users and value capture. The study captures several critical market dynamics currently unfolding: Beyond documenting the present, the report signals emerging trends: Despite challenges from new entrants, market volatility, and the evolving regulatory landscape, CEXs are actively exploring pathways to integrate centralized trading with on-chain ecosystems. A two-way street of influence and adoption is forming between CEX and on-chain environments, suggesting product-level boundaries are likely to blur further. The report further emphasizes that as technologies like Account Abstraction and AI-powered trading assistants mature, the on-chain experience is set to become more seamless and intelligent, potentially onboarding a significant wave of new users directly into the ecosystem. Concurrently, numerous CEXs are responding and adapting by launching Web3 wallets and pursuing integrations, foreshadowing an era where the lines between centralized and decentralized trading environments become increasingly indistinct. This timely and data-rich analysis provides essential intelligence for investors, traders, and builders navigating the evolving crypto infrastructure landscape. It sheds light on the strategic approaches and technological innovations most likely to define market leadership in the next cycle. For Full Report please click About KuCoin Ventures: KuCoin Ventures, is the leading investment arm of KuCoin Exchange, a top crypto exchange globally. Aiming to invest in the most disruptive crypto and blockchain projects of the Web 3.0 era, KuCoin Ventures supports crypto and Web 3.0 builders both financially and strategically with deep insights and global a community-friendly and research-driven investor, KuCoin Ventures works closely with portfolio projects throughout the entire life cycle, with a focus on Web3.0 infrastructures, AI, Consumer App, Defi and PayFi. View original content to download multimedia: SOURCE KuCoin
