KuCoin Ventures Announces Strategic Investment in Stable — The First Stablechain Powered by USDT
Main Idea
KuCoin Ventures has made a strategic investment in Stable, the first high-throughput Layer1 blockchain powered by USDT, with participation from other notable investors.
Key Points
1. KuCoin Ventures, the investment arm of KuCoin, announced a strategic investment in Stable, a USDT-powered Layer1 blockchain.
2. The funding round included participation from KuCoin Ventures, Paolo Ardoino (Tether CTO), Bitfinex, Hack VC, and Franklin Templeton.
3. Stable aims to enhance payment use cases and user experience through its high-throughput blockchain technology.
4. Cass Tsai of KuCoin Ventures expressed confidence in Stable's potential to drive scalable blockchain solutions.
5. Joshua Harding, Co-founder and CEO of Stable, highlighted the global demand for efficient payment rails and the significance of investor support.
Description
BitcoinWorld 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 develo...
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