Scalable, real-time, and affordable payments in hbars, supported stablecoins, or your own cryptocurrency.
Hedera offers web3 projects and enterprises alike industry-leading stablecoins and tokenization services to support modern applications and payment rails. Build applications that take full advantage of hbar, institutionally-backed stablecoins, or your own cryptocurrency for real-time payment use cases.
In USDC Liquidity
“USDC on Hedera offers the scalability, low transaction fees, and fast settlement times expected by end-users of both startup and enterprise applications built on the Hedera network.”
Fees on Hedera are fixed, denominated in USD, and paid in $HBAR. To see the full fee schedule, visit the fee estimator.
Integrate cryptocurrency payments into your application to enable the next-generation of finance on the open source, public Hedera network.
It’s never been easier to mint your own cryptocurrency or stablecoin. Check out the documentation to get started.
//Create the transaction and freeze for manual signing const transaction = await new TokenCreateTransaction {} .setTokenNake(“Your Token Name”) .setTokenSymbol(“HGC”) .setTreasuryAccountId(treasuryAccountId) .setInitialSupply(5000) .setAdminKey(adminPublicKey) .freezeWith(client);
//Create the transfer transaction const transaction = await new TransferTransaction() .addTokenTransfer(tokenId, accountId1, -10) .addTokenTransfer(tokenId, accountId2, 10) .freezeWith(client); //Sign with the sender account private key const signTx = await transaction.sign(accountKey1); //Sign with the client operator private key and submit to a Hedera network const txResponse = await signTx.execute(client);
//Create the query const query = new AccountBalanceQuery() .setAccountId(accountId); //Sign with the client operator private key and submit to a Hedera network const tokenBalance = await query.execute(client); console.log("The token balance(s) for this account: " +tokenBalance.tokens);
Cross-border transactions can take days to settle. To expedite this process and its efficiency, Shinhan Bank, the leading bank in South Korea, and Standard Bank, the largest bank in Africa, have united in a proof-of-concept Stablecoin on Hedera. In so doing, the trial looked to reduce the reliance on middlemen, associated costs, and settlement time in the currently $702 billion remittance market.