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CDS Collaboration Hedera Enables MetaMask Integration and Approves Pilot Program for Stablecoin Remittance

Collaboration

Hedera Enables MetaMask Integration and Approves Pilot Program for Stablecoin Remittance

Hedera enables MetaMask, approves pilot for stablecoin remittance.

sevval19/07/20231 Mins read812

Hedera Enables MetaMask, expanding its horizons towards greater inclusivity, Hedera Hashgraph, the decentralized public network, has made a notable stride by embracing MetaMask support through HIP-583. In a significant partnership with prominent financial institutions like Shinhan Bank and SCB TechX, Hedera has also accomplished a remarkable milestone, successfully concluding a proof-of-concept (PoC) pilot for stablecoin remittances. This pioneering initiative demonstrates Hedera’s commitment to fostering innovation and driving real-world use cases within the blockchain and cryptocurrency landscape.

Hedera Enables MetaMask Integration and Approves Pilot Program for Stablecoin Remittance

With the integration of MetaMask support, a plethora of exciting opportunities await its users, granting them seamless access to Hedera DApps (decentralized applications). Hedera’s ecosystem is making notable strides to ensure a smooth integration by providing support for JSON-RPC-enabled wallets and apps.

This integration comes with a host of remarkable updates, including the facilitation of HBAR transfers to and from 0x accounts, enhanced user-friendliness through updated “token associations,” bolstered connectivity with MetaMask, and compatibility with Ethereum Virtual Machine (EVM) tooling.

MetaMask, renowned as a widely-used Ethereum wallet and a gateway to the flourishing realm of decentralized finance (DeFi), will now empower its users to effortlessly engage with Hedera’s array of decentralized applications. For developers eager to explore this newfound synergy, MetaMask has thoughtfully shared a comprehensive step-by-step guide to DApp development in their official blog, enabling the creation of innovative and impactful projects within the Hedera ecosystem.

Sources:coingape

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sevval

Şevval has been actively writing since 2022 and is a third-year mathematics student at Ankara University. Her interest in writing is shaped particularly around innovative technologies such as Web3, artificial intelligence, and blockchain. She closely follows developments in these fields and aims to convey complex topics to readers in a clear and engaging manner. She enjoys combining her mathematical knowledge with technology to create content and strives to raise awareness about the digital world of the future.

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