In a groundbreaking move, KuCoin Ventures has invested in Stable, a high-throughput Layer 1 blockchain designed exclusively for stablecoin applications. This USDT-powered blockchain aims to transform the way we handle payments, offering lightning-fast transactions and minimal fees. But what makes Stable so revolutionary? Let’s dive in.
Why KuCoin Ventures Bet on Stable
KuCoin Ventures, the investment arm of the global cryptocurrency exchange KuCoin, has strategically backed Stable, the first “Stablechain” powered by USDT. This investment highlights the growing demand for specialized blockchain infrastructure tailored for stablecoin use cases. Here’s why this matters:
- High-Throughput Design: Stable is built to handle massive transaction volumes, making it ideal for global payments.
- USDT as Native Gas: Unlike other blockchains, Stable uses USDT for gas fees, eliminating the need for a separate utility token.
- Enterprise-Grade Infrastructure: Businesses can request dedicated block space to ensure consistent performance.
The Power of USDT-Powered Blockchain
Stable’s integration of USDT as its primary fuel is a game-changer. Here’s how it works:
| Feature | Benefit |
|---|---|
| Gas-Free Transfers | Peer-to-peer transactions without additional fees. |
| StableBFT Consensus | Derived from Cosmos’ CometBFT for enhanced security. |
| DAG Architecture | Boosts scalability and transaction speed. |
Stablecoin Revolution: What’s Next?
With backing from industry giants like Bitfinex and Franklin Templeton, Stable is poised to redefine digital payments. Cass Tsai of KuCoin Ventures envisions a global stablecoin clearing network, reducing friction in cross-border transactions. This aligns with the broader shift toward purpose-built blockchains for financial applications.
FAQs
1. What is Stable?
Stable is a Layer 1 blockchain optimized for stablecoin transactions, powered by USDT.
2. Why is USDT used as the native gas token?
Using USDT simplifies transactions by eliminating the need for a separate utility token, reducing complexity and costs.
3. Who are the key investors in Stable?
KuCoin Ventures, Bitfinex, Hack VC, and Franklin Templeton are among the major backers.
4. How does Stable improve payment efficiency?
Its high-throughput design and DAG architecture ensure fast, low-cost transactions, ideal for global payments.
