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Crypto

Hekto Innovation, BEATOZ to cooperate on hybrid blockchain stablecoin business

IT information services firm Hekto Innovation signed a memorandum of understanding with digital finance infrastructure company BEATOZ to cooperate on a hybrid blockchain-based stablecoin business, it said on Aug. 13. The companies plan to combine blockchain infrastructure and digital asset wallet technology to work across stablecoin issuance, distribution and use. They will launch a proof of concept verifying processes from issuance to burning, using Hekto Group employee welfare points in a limited environment.

Crypto

Hecto Walletone adds Giwa and Maru APIs to Octet

Blockchain wallet infrastructure company Hecto Walletone is expanding the coverage of its wallet development API service, Octet, to domestic blockchain networks. The company said it has added support for the Giwa and Maru testnet APIs, aiming to help Web3 service companies develop wallets and verify stablecoin-based services. With the additions, Octet supports 24 mainnets in total and provides API-based infrastructure for wallet creation, key management and asset monitoring.

Crypto

HectoWalletOne launches USDC subscription plan to cut multichain burden

HectoWalletOne said on May 15 it will launch a USDC-only pricing plan, called the USDC kit, to meet rising demand for Circle\'s dollar stablecoin. The plan offers Octet APIs for building USDC infrastructure on a single monthly subscription. It supports six networks including Ethereum, Solana, Polygon, Avalanche, Arbitrum and Sui, aiming to reduce multichain infrastructure costs. HectoWalletOne also plans to respond to demand tied to Circle Payments Network use.