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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 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.
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 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.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
KuCoin Ventures Announces Strategic Investment in Stable -- The First Stablechain Powered by USDT
ZYT's German Office Commences Operations in January, Debuting Local Recruitment for European Push
SHENZHEN, China, Jan. 16, 2026 /PRNewswire/ -- Intelligent driving solution provider ZYT launched its commercial vehicle strategy at the "ZYT Brand Gala 2025," expanding its business from passenger car ADAS into heavy-duty truck Navigation on Highway (NOA) and unmanned logistics vehicles.
ZYT has partnered with three major Chinese OEMs — XCMG, SHACMAN, and SINOTRUK — to bring the first ZYT-powered heavy trucks to mass production in the first half of 2026. Beyond highway transport, ZYT is extending its intelligent driving capabilities to broader automated scenarios. In early 2026, the company will co-develop unmanned logistics vehicles with leading industry players, targeting automated transport in ports, industrial parks, and mines.
This move marks a natural extension of ZYT's core technical pillars: its transferable architecture, platform adaptability proven through "Equal Intelligence for ICE and EV Vehicles," and a world-class engineering system.
Leveraging Transferable Architecture for Peak Performance
ZYT is porting its mature, full-stack "Perception-Decision-Control" technology from passenger cars to commercial vehicle applications. To address the unique dynamics and operational environments of heavy-duty transport, the company remains committed to its "Stay Passionate" engineering philosophy — extracting peak performance from constrained hardware resources.
The heavy-duty truck intelligent driving system features ZYT's proprietary 1L3R7V sensor suite, powered by an SA8650 domain controller delivering 100 TOPS of computing power. At its core is ZYT's self-developed End-to-End model. Optimized for heavy-truck scenarios, the system enables Navigation on Highway (NOA), driving assistance, and active safety features across a full speed range of 0–110 km/h. Supporting diverse environments — including urban roads, expressways, and highways — the architecture establishes a robust capability for rapid technical migration across different models and scenarios.
Solving Compatibility Challenges through "Equal Intelligence for ICE and EV Vehicles"
The commercial vehicle market — spanning diesel, natural gas, pure electric, and hybrid platforms — demands exceptional system compatibility and stability. Compared to the more uniform passenger car sector, commercial fleets require intelligent driving solutions with far more rigorous universality and reliability.
Building on its "Equal Intelligence for ICE and EV Vehicles" strategy pioneered in the passenger sector, ZYT has validated its multi-platform adaptability, laying the technical foundation for its expansion into commercial vehicles.
Achieving true "Equal Intelligence for ICE and EV Vehicles" is a complex technical feat. Internal Combustion Engine (ICE) powertrains are highly non-linear and present significant thermal management challenges. ZYT specializes in delivering high-level intelligent driving functions using low-power, cost-effective chips, enhancing system stability and adaptability from the ground up.
While industry resources are largely concentrated on New Energy Vehicle (NEV) intelligence, ZYT recognizes the persistent demand for ICE vehicles in markets like Europe. Through its "Equal Intelligence for ICE and EV Vehicles" capability, ZYT provides ICE users with a smart experience on par with EVs. This offers a differentiated upgrade path for legacy automakers like Volkswagen and FAW, who maintain massive global ICE fleets.
By 2025, ZYT had already facilitated the mass production of intelligent driving features in several ICE models, proving its ability to deliver standardized, high-reliability solutions for any commercial powertrain.
Meeting Global Standards to Drive European Localization
Entering the European market with intelligent driving systems requires adherence to the highest levels of functional safety and engineering process standards. Through seven years of deep collaboration with the Volkswagen Group, ZYT has established a research and development and quality management framework that complies with international standards such as A-SPICE CL2 and ISO 26262. This robust engineering foundation serves as a key enabler of ZYT's European strategy.
In August 2025, ZYT successfully passed a third-party joint audit and obtained the relevant certifications. This system is a concrete reflection of ZYT's "Users First • Clients Empowered" philosophy and acts as a critical "passport" for entering high-standard global markets like Europe.
Building on this groundwork, ZYT is steadily advancing its European localization. Following the official launch of its European strategy during the IAA Mobility show in Munich, ZYT is positioning Germany as a key hub and has begun recruiting for local roles. Looking ahead, ZYT aims to provide European OEMs with intelligent driving systems that comply with EU regulations, while simultaneously supporting Chinese automakers in their global market entry by offering solutions ranging from L2+ to L3 and L4 levels.
Moving Toward an Era of Autonomous Mobility
As its business footprint continues to grow, ZYT officially enters a new phase of "Empowering Autonomous Mobility." Moving forward, the company will prioritize its robust engineering framework and localized capabilities as key strategic levers for long-term development. With the passenger car business as its foundation and the commercial sector as a new growth engine, ZYT remains dedicated to its mission: "Safe and Effortless Mobility for ALL."
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Scales Intelligent Driving into Heavy-duty Trucks and Unmanned Logistics
