Horizen Labs and Stably Launching ZUSD Stablecoin on the Horizen EON Network
NEW YORK, NEW YORK | November 06, 2023 11:06 AM Eastern Standard Time
- NEW YORK, NEW YORK | November 06, 2023 11:06 AM Eastern Standard Time
In a significant collaboration between two innovators in the blockchain space, Horizen Labs and Stably are excited to introduce the ZEN USD (symbol: ZUSD ) on the Horizen EON network. - The launch marks the inauguration of the first natively-issued US Dollar stablecoin on the EON network, a cutting-edge EVM-compatible sidechain and smart contract platform developed by Horizen.
- ZUSD, the outcome of a collaborative effort between Stably and Horizen Labs, is a fully-backed US Dollar stablecoin.
- The network's developer-centric approach played a pivotal role in enabling Stably to deploy ZUSD on Horizen EON in just under two months.