Originally published on: October 24, 2024
Fireblocks, a leading digital assets management platform, is shaking up the crypto world with a game-changing $1 million grant program. The initiative aims to propel the adoption of blockchain projects using the PayPal USDPYUSD stablecoin to new heights.
Companies venturing into blockchain-based projects can now tap into grants of up to $60,000 by joining this groundbreaking program. Following an intensive beta period with payment giants KoraPay and Bridge, Fireblocks is ready to empower innovators with the resources they need to revolutionize the industry.
Ran Goldi, Fireblocks’ senior vice president of payments and networks, expressed excitement about the potential impact of the PYUSD stablecoin. He anticipates the emergence of real-world applications that leverage stablecoins to drive innovation and progress in the realm of digital assets.
Fireblocks, known for its cutting-edge multiparty computation (MPC) security technology, offers developers a secure environment to explore new payment solutions using PYUSD. By integrating the stability of a fiat-backed stablecoin with the robust security measures of Fireblocks, companies can create next-level blockchain payment services.
Jose Fernandez da Ponte, the senior vice president of blockchain, cryptocurrency, and digital currencies at PayPal, believes that stablecoins like PYUSD are setting new standards in the crypto space. These coins have emerged as the “killer app” for seamless and efficient digital payments.
Join the ranks of visionary developers and businesses tapping into the power of stablecoins. With Tether’s USDT hitting record highs and PYUSD gaining traction as the sixth-largest stablecoin by market capitalization, now is the time to seize the opportunity with Fireblocks.
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