Zodia Custody will now enable institutions to seamlessly create, issue and manage their own stablecoins via the newly-launched Stablecoin Studio on Hedera – whilst storing them securely with Zodia Custody.
Institutions, Web3 stablecoin platforms, and payment providers will now be able to create their own stablecoins within a number of hours, rather than the weeks or months currently required. Institutions will benefit from compliance and security throughout the process, starting with configuration, issuance, and management all the way to the custody of their own stablecoins. Issuers are also able to integrate leading KYC/AML services, alongside having automated compliance flags for their accounts as an added layer of security.
The integration alleviates complexities, accelerates development, and streamlines operations for institutions when building stablecoins in-house, through an all-in-one solution, without compromising on the robust security measures market participants require in the digital asset space. The integration opens up access to digital assets for institutions without the need for specialised blockchain expertise.
“Integrating with Stablecoin Studio on Hedera is a natural next step to build the market infrastructure institutions need to enter digital assets at scale, and without compromise on security” said Thierry Janaudy, CTO of R&D at Zodia Custody. “Token issuance, naturally, is a big part of this. Together, we’re providing institutions with the tools to get the most out of innovative blockchain technology, be it for tokenising real-world assets, or using stablecoins for payment solutions.”
The focus of the ecosystem in building Stablecoin Studio has been to make creating stablecoins accessible, safe, and simple for institutions and enterprises alike,” said Dr. Sabrina Tachdjian, Head of the Fintech & Payments Fund at the HBAR Foundation. “Thanks to our strategic partnerships with Zodia Custody, who share our vision for an institutional-grade service, we are able to bring that reality within reach. Digital assets need no longer be a distant ambition, but a seamlessly integrated, daily part of financial institutions operations
Notes to Editors:
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