KuCoin Ventures, the investment division of global cryptocurrency exchange KuCoin, has announced a strategic investment in Stable, a new high-throughput Layer 1 blockchain designed specifically for stablecoin issuance, settlement, and payments. Powered by USDT, Stable positions itself as the first blockchain infrastructure dedicated entirely to stablecoin applications, a model it refers to as a „Stablechain.”
The initiative is backed by key contributors from Tether and Bitfinex, with Bitfinex CTO Paolo Ardoino serving as an advisor. The funding round includes participation from KuCoin Ventures, Ardoino, Bitfinex, Hack VC, and Franklin Templeton, among others—highlighting interest from both crypto-native and traditional financial institutions in advancing stablecoin infrastructure.
Unlike general-purpose blockchains such as Ethereum or Tron, Stable is purpose-built to support stablecoin-related activity. It aims to address common challenges in on-chain payments, including
We współpracy z: https://cryptodaily.co.uk/2025/07/kucoin-ventures-backs-stable-the-first-usdt-powered-stablechain