Exploring stablecoin growth on @hedera from April-September ↴ Stablecoin supply on Hedera surged to a peak of $224 million in July before settling to $162 million by late September, driven by strategic integrations and launches. July also saw the addition of the Australian Digital Dollar (AUDD) to the Hedera network, which also marked the first commercial rollout of Hedera Stablecoin Studio. The integration lets anyone with a Hedera-compatible digital wallet hold, transfer and receive AUDD, which is backed 1:1 by the Australian dollar. AUDD charges fixed fees of less than $0.001 USD per transfer. Then in September, the first stablecoin issued by a US state, the Wyoming Frontier Stable Token (FRNT), was deployed to Hedera. Following FRNT's August mainnet debut on several other chains, the Wyoming Stable Token Commission Commission approved Hedera as the sole additional candidate due to its speed, reliability, compliance and utilization metrics. Hedera also saw notable growth in payments, led by Isle Finance's new payments network. Incubated by BSOS, a Taiwan-backed fintech company, Isle streamlines accounting through a four-step onchain process. First, suppliers encrypt and submit invoices for early payment at a modest discount. Then, buyers approve the transaction with a single signature, after which stablecoins from a liquidity pool are disbursed instantly to suppliers’ wallets. Finally, the buyers repay on the original due date, earning token rewards for participation. The payments network seeks to eliminate wire fees, cross-border delays and loan approvals, while offering liquidity providers annualized yields of 5% to 16%. Hedera’s stablecoin and payments ecosystem is growing into a major contributor to scalable, compliant blockchain infrastructure, as one can see from the network’s stablecoin supply as well as payments integrations. The native launch of AUDD via and Wyoming’s FRNT stablecoin also showcase the network’s ability to deliver instant, low-cost transactions while meeting regulatory and environmental standards. These advancements enabled applications like cross-border micropayments and institutional vendor settlements to drive liquidity and utility that's needed for broader adoption.
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