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HashKey and RD Technologies Expand RDUSD

source-logo  cryptonews.net 4 h
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Ekaterina Bogatyreva

HashKey On-Chain, a provider of on-chain financial infrastructure, has partnered with RD Technologies, a digital payment services company, to expand the use of its US dollar stablecoin, RDUSD. The companies plan to work on applications in digital asset trading, settlement, treasury management, and asset tokenization.

As part of the partnership, RDUSD will be deployed on $HSK Chain, an Ethereum Layer 2 network designed for institutional use. The integration will allow the stablecoin to be used for on-chain lending, trading, RWA subscriptions, and settlements. $HSK Chain currently hosts more than 200 projects, with over $300 million in tokenized real-world assets.

The companies also plan to integrate RDUSD into HashKey’s trading, trade finance, and settlement platforms. These integrations are expected to support cross-border payments, corporate transfers, and trade financing. They will also allow businesses to manage international payments and treasury operations around the clock.

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RDUSD is issued by Anchorage Digital Bank, a US federally regulated digital asset bank, and is designed to comply with the GENIUS Act. The stablecoin is intended for institutional settlements and corporate financial operations.

Both companies plan to expand RDUSD’s use beyond digital asset markets and into traditional business activities, including international trade and corporate payments.

Image: Magnific