TechFlow news: The open-source stablecoin issuance and management toolkit "Stablecoin Studio" has launched on the Hedera network, making it easier for Web3 stablecoin platforms, institutional issuers, enterprises, and payment providers to build stablecoin applications using Hedera network services.
Stablecoin Studio offers global organizations an all-in-one toolkit enabling stablecoin issuers to quickly configure, issue, and manage their dedicated stablecoins on the Hedera network.
The toolkit provides oracle-based proof-of-reserves functionality, integration points with commercial custodial providers, and easy-to-configure KYC/AML compliance features. Developed by Hedera, Swirlds Labs, The HBAR Foundation, and ioBuilders, Stablecoin Studio is open-sourced on Hedera under the Apache 2.0 license.
