The Hedera network made a huge announcement considering the growth trajectory of the network. How this will impact HBAR remains to be seen.
In addition, the Hedera network revealed that the new stablecoin toolkit will be a B2B offering. The target clients are payment providers, companies, and institutional stablecoin issuers. The target clientele underscores the potential to tap into multiple industries.Institutional liquidity is one of the biggest drivers in crypto and beyond. This focus could thus offer a new lifeline for Hedera’s dream of achieving mass adoption and utility.
Hedera could thus be following in Tron’s footsteps with its own unique twist on the stablecoin focus. This could unlock more utility which could in turn facilitate more utility and demand for the HBAR cryptocurrency.
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