HorizenLabs (ZEN) cooperates with stablecoin company Stably to launch Horizen (EVM compatible platform) EON ecosystem’s first stablecoin: $ZUSD. Individual and business users around the world can now join EON from 170+ countries via various payment methods such as ACH, Fedwire, Visa and Mastercard to mint/redeem ZUSD, plus others on major networks such as USDC Popular stablecoin.
All of these can leverage stable ramps and can also be embedded into third-party applications such as Web3 wallets and DeFi protocols. Through stable ramp, users can use stablecoins and fiat currency payments to buy, sell or exchange digital assets including ZUSD, with transaction fees as low as 0.5%.