Stably finite ring

Horizen Labs and Stably Launching ZUSD Stablecoin on the Horizen EON Network

Retrieved on: 
Tuesday, November 7, 2023

NEW YORK, NEW YORK | November 06, 2023 11:06 AM Eastern Standard Time

Key Points: 
  • 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.

Stably Bridges BTC and ETH to the Chia Blockchain Ecosystem

Retrieved on: 
Wednesday, May 3, 2023

SEATTLE, May 3, 2023 /PRNewswire/ -- Stably , a leading Web3 payment infrastructure provider, has partnered with Chia Network , an eco-friendly blockchain and smart transaction platform, to introduce Bitcoin (BTC) and Ethereum (ETH) bridges to Chia's DeFi ecosystem.

Key Points: 
  • SEATTLE, May 3, 2023 /PRNewswire/ -- Stably , a leading Web3 payment infrastructure provider, has partnered with Chia Network , an eco-friendly blockchain and smart transaction platform, to introduce Bitcoin (BTC) and Ethereum (ETH) bridges to Chia's DeFi ecosystem.
  • The partnership has led to the creation of Stably's BTC and ETH custodial bridges, allowing users to access Bitcoin and Ethereum on Chia Network under the ticker symbols BTCS and ETHS.
  • "Partnering with the Chia Network to introduce Bitcoin and Ethereum into their expanding ecosystem is a thrilling development for Stably.
  • Moreover, it serves as a milestone for Stably as it plans to extend BTC and ETH to additional emerging blockchain ecosystems.

Stably and LI.FI: A Strategic Partnership to Transform Cross-Chain Swaps and Web3 Accessibility

Retrieved on: 
Wednesday, April 5, 2023

Through Stably Ramp, it's core product (stably.io/ramp), users can securely connect their bank accounts to Web3 via traditional payment methods like ACH, Fedwire, SWIFT, credit and debit cards.

Key Points: 
  • Through Stably Ramp, it's core product (stably.io/ramp), users can securely connect their bank accounts to Web3 via traditional payment methods like ACH, Fedwire, SWIFT, credit and debit cards.
  • "Our partnership with LI.FI marks a significant milestone in Stably's mission to bring Web3 to the masses.
  • Stably and LI.FI are at the forefront of this movement, working together to simplify user experience and broaden access to Web3 for users across the globe.
  • The partners look forward to onboarding more first-time crypto users and integrating with new Web3 projects like wallets, dApps, games, and NFT markets in the near future.

Stably USDS is Now Live on Polymesh

Retrieved on: 
Thursday, February 16, 2023

SEATTLE, Feb. 16, 2023 /PRNewswire/ -- Stably Corporation , a Seattle-based Web3 payment infrastructure and Stablecoin-as-a-Service provider, is proud to announce the official launch of Stably USD ($USDS) on the Polymesh blockchain under the ticker $USDS.

Key Points: 
  • SEATTLE, Feb. 16, 2023 /PRNewswire/ -- Stably Corporation , a Seattle-based Web3 payment infrastructure and Stablecoin-as-a-Service provider, is proud to announce the official launch of Stably USD ($USDS) on the Polymesh blockchain under the ticker $USDS.
  • Stably USD is also Polymesh's first natively-issued US-based stablecoin and the first product released as part of an ongoing collaboration between both Stably and Polymesh.
  • Stably USD is a multichain, US Dollar-backed stablecoin created by Stably in partnership with a US-regulated and SEC-qualified custodian.
  • "Polymesh was a clear partner of choice for Stably given our shared vision for the compliant tokenization of assets" said Kory Hoang, CEO and Co-Founder of Stably.

Stably USD Stablecoin Officially Launched On the XRP Ledger

Retrieved on: 
Thursday, November 17, 2022

SEATTLE, Nov. 17, 2022 /PRNewswire/ -- Stably Corporation, a Seattle-based Web3 payment infrastructure and Stablecoin-as-a-Service provider, is proud to announce the official launch of Stably USD ($USDS) under the ticker $USD on the XRP Ledger (XRPL) a decentralized blockchain.

Key Points: 
  • SEATTLE, Nov. 17, 2022 /PRNewswire/ -- Stably Corporation, a Seattle-based Web3 payment infrastructure and Stablecoin-as-a-Service provider, is proud to announce the official launch of Stably USD ($USDS) under the ticker $USD on the XRP Ledger (XRPL) a decentralized blockchain.
  • Stably USD is also XRPL's first natively-issued US-based stablecoin and the first product released as part of an ongoing collaboration between both Stably and XRPL.
  • Stably USD is a multichain, US Dollar-backed stablecoin created by Stably in partnership with a US-regulated and SEC-qualified custodian.
  • Every Stably USD token is fully collateralized 1-to-1 with USD held in bank deposits managed by the custodian for the benefit of token holders.

Stably to Support Stablecoins Minted on the XRP Ledger

Retrieved on: 
Thursday, September 1, 2022

Ripple, the leader in enterprise blockchain and crypto solutions, will provide Stably with the technical support necessary to integrate USDS with XRP Ledger.

Key Points: 
  • Ripple, the leader in enterprise blockchain and crypto solutions, will provide Stably with the technical support necessary to integrate USDS with XRP Ledger.
  • USDS is a multichain, fiat-backed stablecoin created by Stably who works with US-regulated trust companies and qualified custodians.
  • Through its partnership with US financial institutions, Stably can onboard individuals and businesses from 200+ countries and enable them to mint/redeem USDS on the XRP Ledger using traditional payment methods such as bank transfers and credit/debit cards.
  • Kory Hoang, CEO of Stably said, "We are very excited to partner with Ripple and support our fiat-to-stablecoin gateway to the XPRL via USDS.

Stably and Polymesh Exploring Issuance of US Dollar-Backed Stablecoin USDS on Polymesh

Retrieved on: 
Wednesday, August 31, 2022

USDS is a multichain, fiat-backed stablecoin created by Stably who works with Prime Trust, a Nevada state-chartered trust company and regulated custodian.

Key Points: 
  • USDS is a multichain, fiat-backed stablecoin created by Stably who works with Prime Trust, a Nevada state-chartered trust company and regulated custodian.
  • The Stably-Polymesh integration will support the launch of USDS on Polymesh, bringing the first regulatory-compliant stablecoin to the blockchain built specifically for regulated assets.
  • "Stably is excited to team up with Polymesh and expand the Stably USD token into its reputable ecosystem", said Kory Hoang, Co-Founder and CEO of Stably.
  • Stably USD (USDS) is a multi-blockchain US Dollar (USD) stablecoin backed by USD held by Prime Trust (PT) for the benefit of USDS token holders.

USDS Stablecoin by Stably Launches on Harmony

Retrieved on: 
Tuesday, August 30, 2022

SEATTLE, Aug. 30, 2022 /PRNewswire/ -- Stably Corporation, a US-based Web3 payment infrastructure and Stablecoin-as-a-Service provider, is proud to announce the native launch of Stably USD (USDS), its regulatory-compliant and USD-backed stablecoin, on the Harmony public blockchain.

Key Points: 
  • SEATTLE, Aug. 30, 2022 /PRNewswire/ -- Stably Corporation, a US-based Web3 payment infrastructure and Stablecoin-as-a-Service provider, is proud to announce the native launch of Stably USD (USDS), its regulatory-compliant and USD-backed stablecoin, on the Harmony public blockchain.
  • USDS is also Harmony's first natively-issued stablecoin and the first product release as part of an ongoing collaboration between both Stably and Harmony.
  • Since the initial launch of USDS on Ethereum in 2018, Stably has been setting new standards for transparency and interoperability in the stablecoin industry.
  • Web3 users can also quickly acquire and trade Harmony USDS on decentralized exchanges like SushiSwap which supports the Harmony network.

AnChain.AI Partners with Harmony To Enable Compliance and Scam Monitoring

Retrieved on: 
Thursday, June 2, 2022

SAN FRANCISCO, June 2, 2022 /PRNewswire/ -- AnChain.AI, the engine empowering Web 3 security, is announcing an integration with the Harmony blockchain, enabling strong compliance and scam monitoring.

Key Points: 
  • SAN FRANCISCO, June 2, 2022 /PRNewswire/ -- AnChain.AI, the engine empowering Web 3 security, is announcing an integration with the Harmony blockchain, enabling strong compliance and scam monitoring.
  • This integration allows Harmony ecosystem participants the ability to empower compliant transactions in accordance with Virtual Asset Service Provider recommendations per the Financial Action Task Force (FATF).
  • "Working with leading blockchain protocols like Harmony enables Web3 communities with our suite of essential web3 security technologies and improvements to their regulatory compliance posture," said Victor Fang, CEO & Co-founder of AnChain.AI.
  • The AnChain toolset will provide applications using the Harmony blockchain with the ability to quickly monitor wallet addresses for illegal or suspicious transactions.

Chia Launches the First Native Peer-to-Peer Exchange Capabilities and DEXs

Retrieved on: 
Wednesday, January 12, 2022

Chia Network, Inc. , a new energy-efficient decentralized blockchain founded by Bram Cohen , today announced the launch of Offers, its first native, peer-to-peer exchange capabilities for anyone with a Chia wallet.

Key Points: 
  • Chia Network, Inc. , a new energy-efficient decentralized blockchain founded by Bram Cohen , today announced the launch of Offers, its first native, peer-to-peer exchange capabilities for anyone with a Chia wallet.
  • To further support Offers, Chia also announced a partnership with Stably to launch USDS, the first dollar denominated stablecoin to arrive on Chia Network.
  • Additionally, Stably will be making available wrapped bitcoin and wrapped ether on the Chia blockchain.
  • Offers allows Makers and Takers buyers and sellers to seamlessly create and accept trade offers all from the privacy of their Chia wallet.