Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13284
Markets: 100679
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13284
Cryptocurrencies
62.39%
Bitcoin Share
crypto.news 2025-04-09 05:58:58

Stablecoin protocol M^0 partners with KAST to launch offerings on Solana

Stablecoin protocol M^0 partners with KAST to launch offerings on Solana

M^0 has expanded its stablecoin platform to Solana, enabling developers to launch programmable stablecoins. Stablecoin protocol M^0 is expanding to Solana , allowing developers to create digital dollars that are tailored to their needs and easily interchangeable with high liquidity, the firm said in a press release shared with crypto.news. KAST, a neobank built on stablecoins, will be the first to use M^0’s platform on Solana. According to the press release, the company plans to create two digital dollars to tokenize deposits and later expand into payments and savings. “By issuing our own stablecoin, we ensure full transparency, with all customer deposits represented on-chain. Solana was the clear choice for deployment, given our strong existing partnership and its advantages in speed and low fees.” Raagulan Pathy, co-founder & CEO of KAST You might also like: Tether in US regulatory talks over stablecoin as possible ‘settlement currency’ Joao Reginatto, Chief Strategy Officer at M^0, explains that the company’s decision to bring M^0 to Solana is driven by its goal to empower builders to “create stablecoins that are not only interoperable, liquid, and tailored to their use cases, but that can also perform at any scale.” The latest expansion follows just a few months after M^0 teamed up with the Cosmos-based Noble blockchain to shake up the stablecoin market, which is mainly controlled by Tether ( USDT ) and Circle ( USDC ). Earlier in December 2024, Noble launched its new dollar-backed token, USDN, powered by M^0’s decentralized stablecoin infrastructure. In June 2024, M^0 raised $35 million in a Series A fundraise led by Bain Capital Crypto, Bain Capital’s crypto investment platform. In addition to Bain Capital Crypto, the Series A round and launch phase drew support from existing investors as well as strategic partners including Galaxy Ventures, Wintermute Ventures, GSR, Caladan and SCB 10X. M^0 previously raised $22.5 million in seed funding led by Pantera Capital in early 2023. Read more: Franklin Templeton backs $8m round for stablecoin project Cap

Most Read News

https://www.digistore24.com/redir/325658/ceobig/
Market Cap
24h Vol
62.39%
Bitcoin Share
590
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.