Hedera announces the launch of the open-source stablecoin issuance and management toolkit Stablecoin Studio

ChainCatcher news, the Hedera team announced the launch of the open-source stablecoin issuance and management toolkit Stablecoin Studio, to support Web3 stablecoin platforms, institutional issuers, enterprises, and payment providers in developing stablecoin applications using Hedera network services.

It is reported that the toolkit provides oracle-based proof of reserves functionality, commercial custodian integration points, and easily configurable KYC/AML compliance features.