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With the SDK, Hedera wants to bring more stablecoin applications, sparing developers from blockchain hurdles. Hedera, an open-source, leaderless proof-of-stake network, is set to compete with blockchain giants like Ethereum (ETH) in deploying stablecoins with a new toolkit. In a blog post on Sept. 14, Hedera revealed a new open-source tool to build stablecoin applications on its network. The SDK named Stablecoin Studio supports 3rd-party data sources and API integrations with pre-determined custody and KYC/AML providers, allowing stablecoin issuers to provide public disclosures of collaterals. “For stablecoin s to be widely adopted into mainstream payments and usage, stablecoin issuance and management needs to be customizable for any and all use cases.” Shayne Higdon, co-founder and CEO of the HBAR Foundation Hedera says Shinhan Bank and SCB TechX already have a stablecoin remittance proof-of-concept (PoC) using Stablecoin Studio. You might also like: Hed...

Hedera Launches Stablecoin Studio Hedera during the Token 2049 event in Singapore on September 13 announced Stablecoin Studio, an open-sourced software development kit (SDK). It allows Web3 stablecoin platforms, institutional issuers, enterprises, and payment providers to build stablecoin applications using Hedera network services without technical expertise in blockchain technology. advertisement Shayne Higdon, Co-Founder and CEO of the HBAR Foundation, said: “For stablecoin s to be widely adopted into mainstream payments and usage, stablecoin 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 stablecoin s for corporations, financial institutions, and retail.” PayPal, JPMorgan, Shinhan Bank, SCB TechX, and others can leverage the Stablecoin Studio to build and manage applications. Also, Hedera -native KYC/AML account flags and con...

DLT Science Foundation opened its call for grant proposals, offering up to $5 million for eligible individuals or organizations. The non-profit organization DLT Science Foundation (DSF) has launched with the aim of fostering the adoption of distributed ledger technology (DLT).  In an announcement sent to Cointelegraph, the DSF highlighted that it will offer support in several areas including education, innovation and research. This means that it will create educational material, workshops and open innovation programs as well as grants and fellowships for academics. The organization will also be providing support through grants to members of its university network. The network includes universities like the Indian Institute of Technology Madras, the London School of Economics, the National University of Singapore, the University College London and the University of Zurich. The DSF is also supported by the open-source public ledger project Hedera. According to the announcement, Hedera w...