Hassan Maishera
HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Thursday that Elliptic, a leading crypto asset risk management platform, has integrated with the Hedera Stablecoin Studio.
By integrating the Stablecoin Studio into Elliptic’s holistic screening and investigation solutions, this brings an additional layer of risk mitigation to issuers on the platform. Stablecoin Studio is an open-source SDK that simplifies the process of issuing stablecoins using Hedera network services by enabling stablecoin issuers to easily deploy applications and oversee operations via a comprehensive management toolkit.
The Elliptic integration means any wallets or transactions screened in the Elliptic platform will automatically trace across and between different blockchains and assets for risk, now including the Hedera network and native tokens.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.0615 at press time, down by 1% over the last 24 hours.
