Hassan Maishera
HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Wednesday that Brale is bringing regulated stablecoin issuance to the Hedera ecosystem.
Thanks to this latest development, enterprises, fintechs, and institutions can now leverage Brale's regulated issuance stack to issue and manage application-specific stablecoins on Hedera, with integrated on and offramps, treasury management, and reserve transparency.
Furthermore, Brale-issued stablecoins will support payments, liquidity on-ramps, and interoperability between 10+ blockchains and Hedera. Once issued, stablecoins can be acquired via stablecoin transfer, wire transfer, or ACH. Combined with Brale Business accounts,
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 $0.0475 at press time, down 3% over the last 24 hours.
