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Fireblocks launches $1 million developer funding plan to increase PYUSD adoption

Online reports that digital asset management platform Fireblocks announced the launch of a $1 million developer funding plan to increase PYUSD adoption rates. Fireblocks 'funding program incentivizes companies to create innovative blockchain-based products by providing funding to companies that use the Fireblocks platform to hold PYUSD balances, and eligible individual projects will be eligible for program funding of up to $60,000. "Our pilot has demonstrated the transformative impact PYUSD can have, and we look forward to seeing companies create real-life use cases that can take full advantage of stablecoins," RanGoldi, senior vice president of payments and networking at Fireblocks, said in a statement.

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