Horizen Labs and Stably join hands to launch the first stablecoin, ZUSD, on EON
Horizen Labs, the technology company behind Horizen DAO, and Stably, a Washington-based fintech company, have partnered to launch the Zen USD (ZUSD), the first stablecoin on Horizen’s EON blockchain. Following this launch , users can now mint or redeem ZUSD on the EON network using various payment methods, including ACH, Fedwire, Visa, Mastercard, and other stablecoin s like USDC, via Stably Ramp. You might also like: Horizen to remove privacy transactions in upcoming hard fork Stably Ramp is an on/off-ramp tool that can be integrated with third-party applications such as web3 wallets and decentralized finance (defi) protocols. Rob Viglione, co-founder of Horizen and CEO of Horizen Labs, said: “This partnership with Stably is a major step towards achieving a more interconnected and seamless blockchain ecosystem. The integration of Stably’s stablecoin infrastructure with Horizen EON’s platform will not only enhance the u...