Stablecoin

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<div class="coingape"> 
 <h2 id="hedera-launches-stablecoin-studio">Hedera Launches Stablecoin Studio</h2> 
 <p><a rel="noopener noreferrer nofollow" title="Hedera" href="https://thebittimes.com/tag/hedera.html">Hedera</a> during the Token 2049 event in Singapore on September 13 announced Stablecoin Studio, an open-sourced software development kit (SDK). It allows Web3 <a rel="noopener noreferrer nofollow" title="stablecoin" href="https://thebittimes.com/tag/stablecoin.html">stablecoin</a> platforms, institutional issuers, enterprises, and payment providers to build <a rel="noopener noreferrer nofollow" title="stablecoin" href="https://thebittimes.com/tag/stablecoin.html">stablecoin</a> applications using <a rel="noopener noreferrer nofollow" title="Hedera" href="https://thebittimes.com/tag/hedera.html">Hedera</a> network services without technical expertise in blockchain technology.</p>  
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 <p>Shayne Higdon, Co-Founder and CEO of the HBAR Foundation, said:</p> 
 <blockquote> 
  <p>“For <a rel="noopener noreferrer nofollow" title="stablecoin" href="https://thebittimes.com/tag/stablecoin.html">stablecoin</a>s to be widely adopted into mainstream payments and usage, <a rel="noopener noreferrer nofollow" title="stablecoin" href="https://thebittimes.com/tag/stablecoin.html">stablecoin</a> issuance and management needs to be customizable for any and all use cases. Stablecoin Studio provides that programmability, accelerating the era of modular and interoperable <a rel="noopener noreferrer nofollow" title="stablecoin" href="https://thebittimes.com/tag/stablecoin.html">stablecoin</a>s for corporations, financial institutions, and retail.”</p> 
 </blockquote> 
 <p>PayPal, JPMorgan, Shinhan Bank, SCB TechX, and others can leverage the Stablecoin Studio to build and manage applications. Also, <a rel="noopener noreferrer nofollow" title="Hedera" href="https://thebittimes.com/tag/hedera.html">Hedera</a>-native KYC/AML account flags and configurations ensure regulatory compliance and security.</p>  
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 </div> 
 <p>In addition, <a rel="noopener noreferrer nofollow" title="Hedera" href="https://thebittimes.com/tag/hedera.html">Hedera</a>’s <span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0">predictable fees, high programmability, and robust network of ecosystem partners make </span><span class="r-18u37iz">stable coin</span><span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0"> issuance and management simpler.</span></p>  
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 <p><strong>Also Read: Ripple President Makes Big Statement On Ripple Vs US SEC Lawsuit</strong></p> 
 <h2 id="hbar-rises-after-the-announcement">HBAR Rises After the Announcement</h2> 
 <p>HBAR price jumped 3% after the announcement, with the price currently trading at $0.048. The 24-hour low and high are $0.0466 and $0.0483, respectively. However, trading volume decreased 25% in the last 24 hours, indicating that whales or traders are taking the opportunity.</p> 
 <p><a rel="noopener noreferrer nofollow" title="Hedera" href="https://thebittimes.com/tag/hedera.html">Hedera</a> (HBAR) price skyrocketed by 15% after the announcement of FedNow supporting the <a rel="noopener noreferrer nofollow" title="Hedera" href="https://thebittimes.com/tag/hedera.html">Hedera</a>-powered Dropp micropayments platform. <a rel="noopener noreferrer nofollow" title="Hedera" href="https://thebittimes.com/tag/hedera.html">Hedera</a> price soared nearly 25% in a month amid new partnerships.</p> 
 <p><strong>Also Read: Wall Street Estimates On US CPI Inflation; Bitcoin, Ethereum, XRP To Rebound?</strong></p> 
</div>  
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/fednow-partner-hedera-launches-all-in-one-stablecoin-solution-tbt62562.html">https://thebittimes.com/fednow-partner-hedera-launches-all-in-one-stablecoin-solution-tbt62562.html</a></p>

FedNow Partner Hedera Launches All-In-One Stablecoin Solution

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