Latest news with #Stable
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.
Business Insider
12-07-2025
- Business
- Business Insider
DWF Ventures Analyzes USDT's Prospects of Dominating Competitive Stablecoin Market
Dubai, UAE, July 12th, 2025, Chainwire DWF Ventures, the venture arm of web3 investor and market maker DWF Labs, has released a comprehensive report exploring the future of stablecoins, with a spotlight on Tether's USDT and scaling solutions like Plasma and Stable. The analysis delves into the current state of stablecoins and how new purpose-built chains are poised to enhance USDT's global adoption by addressing compliance and scalability issues. In its stablecoin analysis, delivered in the form of an X thread, DWF Ventures examines the evolution of stablecoins, from synthetic dollars to digital payment solutions powering over $27 trillion in transfer volume, surpassing giants like Visa and Mastercard. It highlights how stablecoins now support use cases such as inflation hedging, global payroll, remittances, and consumer fintech. The report assesses the US Treasury Secretary's expectation of a $2 trillion stablecoin market by 2028, alongside recent milestones like Circle's IPO and the GENIUS Act. However, DWF Ventures identifies key inefficiencies in the current stablecoin ecosystem, including liquidity fragmentation across chains, lack of transparency, complex fiat ramps, and vulnerability to regulatory shifts. Issuers and adopters face chain dependency risks, volatile fees, and optimization gaps, particularly as over 80% of transactions occur on Tron and Ethereum. Tether dominates with a 62% market share and commensurate revenue, with USDT and Circle's USDC accounting for 83% of transactions. This dominance has spurred new projects like Stable and Plasma, both backed by Tether, to optimize USDT for broader use cases such as payments, remittances, and enterprise DeFi. Stable is an EVM-compatible Layer 1 designed exclusively for stablecoins, featuring zero gas fees on USDT transfers and native USDT gas payments, DWF Ventures notes, making it the first standalone L1 to enable this. It unlocks low-cost scalability through features like bridging via LayerZero, native liquidity on Stable L1, built-in institutional compliance tools, off-chain sequencing, and a private mempool for enterprises. Plasma, an EVM-compatible Bitcoin sidechain focused on stablecoins, has already hit a $1 billion deposit cap amid buzz around its upcoming XPL public sale. It emphasizes enabling scalable onchain merchant payments, remittances, commodity trading, and yields on stablecoins and Bitcoin. Key features include gas fees paid in whitelisted tokens with zero fees for USDT transfers, optional privacy via ZK or mixer protocols, and performance of up to 2K TPS with low latency. The report compares these solutions against Tron, highlighting shared traits such as the ability for USDT to serve as a native gas token as well as the availability of protocol-level compliance, but notes distinctions in network types, consensus mechanisms, and privacy features. While Tron excels in cross-chain bridging, high DeFi activity, and community governance, Stable prioritizes enterprise tools, and Plasma offers optional privacy and Bitcoin integration. DWF Ventures warns of ongoing challenges, including regulatory uncertainties and the need for better infrastructure to scale stablecoins into a foundational financial system. Yet it remains bullish, viewing Plasma and Stable not as replacements for USDT but as upgrades for faster and compliant global adoption. The analysis concludes: 'Stablecoins as a whole aren't just growing, they are forming and becoming the foundation for a new financial system.' DWF Ventures anticipates continued stablecoin growth and innovation and invites builders to connect for potential investments. The full DWF Ventures stablecoin analysis can be read here. DWF Labs is the new generation Web3 investor and market maker, one of the world's largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges. Contact
Business Insider
23-06-2025
- Business
- Business Insider
Korea Blockchain Week 2025 Announces Donald Trump Jr as Keynote Speaker With Sui, Stable, and 0G as Conference Partners
Korea Blockchain Week 2025 (KBW2025), Asia's leading Web3 conference, has released its second speaker line-up and confirmed its lead partners. A host of major figures from Web3 and global institutions have been selected as keynote speakers at the September event including American Bitcoin's Donald Trump Jr. Set to take place at the Walkerhill Hotel & Resort in Seoul on September 23-24, KBW2025 will feature conference partners Sui, Stable, and 0G, who will be represented by Adeniyi Abioduni, Joshua Harding, and Michael Heinrich respectively. Donald Trump Jr., a prominent businessman and the eldest son of President Donald Trump, is a key figure in crypto mining company American Bitcoin. With his extensive business acumen and strategic vision, he is propelling American Bitcoin to the forefront of the global crypto mining industry. Donald Trump Jr. leads the second round of speakers for KBW2025 which include the President of Solana Foundation, Lily Liu, who was also the former co-founder of which was acquired by Coinbase. Other speakers confirmed for the event are Keone Hon of Monad Foundation; Guy Young from Ethena Labs; Sentient's Sandeep Nailwal; Austin Federa of Double Zero; Farokh Sarmad from Rug Radio; Sebastien A from Sophon; and Charlie Hu of Bitlayer Lab. They join already confirmed speakers such as US Bitcoin co-founder and CEO Mike Ho, legendary crypto figurehead Arthur Hayes and Bybit's Ben Zhou. The lead conference partners for KBW2025 are Sui, Stable, and 0G. Sui's innovative Layer 1 blockchain platform, developed by Mysten Labs, enables anyone to own and utilize digital assets quickly and with privacy protection. Adeniyi Abiodun, co-founder and Chief Product Officer of Mysten Labs and a former Meta executive, will speak at the event, sharing insights on global Web3 adoption. Stable, also joining as a conference partner, is backed by Tether, the issuer of USDT. Stable aims to provide a stable and efficient transaction environment by using USDT as a transaction fee token and to serve as an infrastructure solution for enterprise payments. Joshua Harding, Stable's CEO, is expected to offer insights at KBW2025 on how stablecoin-based blockchain infrastructure will impact and create opportunities in the future financial markets. The third conference partner, 0G, is a modular Layer 1 blockchain project that positions itself as a decentralized AI operating system by integrating artificial intelligence with blockchain technology. Designed to support unrestricted scalability, it enables next-generation AI applications to run directly on-chain. Michael Heinrich, co-founder and CEO of 0G, will speak at the event, offering perspectives on the future shaped by the convergence of Crypto and AI, along with the opportunities and challenges it presents. KBW2025 brings together Crypto builders, entrepreneurs, and institutional investors to explore key topics ranging from AI to RWA tokenization. Korea Blockchain Week (KBW) has grown into Asia's premier blockchain gathering, delivering a dynamic week-long experience that blends an in-depth conference with hackathons, networking sessions, art showcases, and cultural celebrations. Acting as a vital link between South Korea's vibrant market and the global Web3 ecosystem. KBW2025 will emphasize real-world applications and international cooperation, solidifying Seoul's position as a global epicenter for Web3 innovation and investment. Attendees can anticipate a rich mix of networking opportunities, side events, and cultural immersion, ensuring a memorable experience. As a flagship event for the global Web3 community KBW2025 will serve as a nexus for the industry's sharpest minds to collaborate and innovate. About Korea Blockchain Week Korea Blockchain Week (KBW), founded by FACTBLOCK in 2018, is an annual Web3 festival held in Seoul, South Korea. It serves as a premier conference for blockchain and Web3 leaders to discuss industry trends, network, and exchange knowledge. As one of the crypto industry's longest-running events, KBW is a cherished institution that welcomes thousands of delegates for a week of conferences interspersed with cultural and networking events. About FACTBLOCK FACTBLOCK is a Web3 ecosystem builder committed to enhancing blockchain integrity since 2018. Through initiatives like Korea Blockchain Week and FABLO, it connects global and Korean blockchain communities, promotes education, and supports innovation in decentralized technologies. Contact
Irish Times
16-06-2025
- Lifestyle
- Irish Times
From tourist cliché to elegant emblem: Stable puts a modern, romantic twist on the shamrock
Since its launch in 2016 for the centenary of the Easter Rising, Stable of Ireland's tricolour scarf, a new take on the familiar green, white and orange of the national flag, has become one of the company's enduring best sellers. The subtle tones of the design – green seaweeds of Donegal , deep orange montbretia (known in the west as the back-to-school flower) and grey limestone of the Burren – were specially chosen to reflect the wild Irish landscape. Now Sonia Reynolds and Frances Duff , founders of Stable, have turned their attention to another cherished Irish national emblem – the shamrock. With their signature play on the familiar, they have thrust the shamrock into another limelight with a capsule collection of classic pieces embellished with bold and vibrant images of the much-loved trefoil, giving it a whole new look. It's the culmination of four years' work. 'We had been playing with versions and ideas of what we might do in various forms and materials,' they say. The word shamrock comes from the Irish seamróg, meaning young clover. Associated with St Patrick, who used the shamrock to explain the Holy Trinity, its significance grew into a broader emblem of Irish identity. The tradition of wearing it on St Patrick's Day dates back to the early 1700s, and became widespread in the 19th century. READ MORE Stable are using it in fresh and unexpected new ways. 'It's about trying to have some fun and give back some style, elegance and creativity to the shamrock,' says Duff. [ Fashion's future stars: Student designers create playful, sustainable collections Opens in new window ] She and Reynolds have been intrigued for a long time by the idea of doing something with the age-old Irish image. 'It has been hijacked as a tourist-driven symbol of Ireland, and that was a challenge from our point of view.' Small shamrock green silk dress, €680 Small shamrock top in green, €320 Small shamrock print orange silk dress, €680 Small shamrock skirt in green, €320 Abstract shamrock print green silk dress, €680 The pieces in summery silk satin consist of a top, skirt and dress, accessorised with matching belts and scarves in two print patterns – abstract and small – in three colour ways. In researching various textile patterns they worked with a long-standing friend – the textile designer Peter Westcott, who has an extensive 19th and 20th century print and textile archive in the UK. They finally selected a shamrock print from the 1920s. All the garments are framed with contrasting stripes – vertical on the dress and tops, horizontal on the skirts – creating a visual playfulness. The dress pattern was designed to be generous in shape and elegant, based on a kaftan style, and comfortable to wear open or belted. The top is a short version of the dress, and the skirt is A-line with an elasticated waist. Belts double up as scarves or headbands. 'We wanted to keep it simple,' says Reynolds, as she folds up all the items into a tiny lightweight pile to demonstrate how they easily pack for summer travel. 'It's about wearable pieces that can take you anywhere.' Prices start at €320 for tops and skirts, €680 for dresses, from and in store, Stable at Westbury Mall. Photographer Gina Crighton; model Lily Lyons; hair and make up @nikkiwhelenartist; accessories by Cristina @vintagecristina.
