Core Insights - KuCoin has launched a new mining pool service called KuPool, supporting proof-of-work assets like Dogecoin, Litecoin, and soon Bitcoin, expanding its ecosystem [1][3] - KuPool emphasizes trust and security, utilizing a verifiable hash rate mechanism for real-time tracking of contributions and payouts, and incorporates low-latency technology and multi-layer encryption [2] - The long-term goal of KuPool is to promote a balanced global hash rate distribution, aiming for sustained growth, stable returns, and strong miner retention [3] KuCoin's Expansion and Global Reach - KuCoin has surpassed 40 million registered users globally and records over $11.6 billion in daily trading volume, listing more than 1,000 crypto tokens [4] - The company launched a $2 billion "Trust Project" earlier this year to enhance transparency and security in the crypto sector [4] - KuCoin Pay has partnered with SPAR supermarkets in Switzerland for everyday crypto payments and is expanding in Southeast Asia, joining Thailand's G-Token initiative and signing an MoU with Vietnam's Blockchain and Digital Assets Association [5] Integration of Services - KuPool aims to integrate mining, trading, and payment services into a comprehensive ecosystem, further extending KuCoin's influence in the crypto market [6]

Core Insights - KuCoin has expanded its payment service, KuCoin Pay, to over 100 SPAR supermarket locations in Switzerland, enhancing the existing crypto payment infrastructure [1][2] - The integration allows customers to use the KuCoin app to scan an OpenCryptoQR code at checkout, with zero gas fees and instant fiat settlements for merchants [2] - The use of a US dollar-backed stablecoin is emphasized as a way to mitigate volatility for users, reflecting a trend towards stablecoins in real-world transactions [3] Market Context - The Swiss mobile payment landscape is highly competitive, dominated by TWINT, which has over 6 million users, or approximately 75% of the population, posing a challenge for new payment solutions [4] - Switzerland's regulatory environment is favorable for crypto spending, as gains from crypto are generally tax-free, making daily transactions with digital assets more practical compared to other countries [5] Strategic Goals - The partnership aligns with KuCoin's global expansion strategy, aiming to enhance the utility of crypto in everyday life and create a seamless shopping experience [6] - KuCoin has been focusing on strengthening its international presence and collaborating with government initiatives to build trust and promote institutional adoption of USDC for treasury management and cross-border payments [7]

SINGAPORE, Aug. 28, 2025 (GLOBE NEWSWIRE) -- GCL Global Holdings Ltd (NASDAQ: GCL) (“GCL” or the “Company”), a leading provider of games and entertainment, today announced its subsidiary, 2Game Digital, a global leader in gaming ecommerce, esports and competitive gaming ecosystems, entered into an agreement with a technology service provider integrated with KuCoin, a leading cryptocurrency exchange, to allow KuCoin Pay to be used as an alternative payment method on 2Game.com’s ecommerce store. 2Game.com is ...