Hedera (HBAR) enters into a strategic partnership with the banking sector

Hedera (HBAR) enters into a strategic partnership with the banking sector

The HBAR Foundation announced that FreshSupplyCoAu, a pioneer in digital innovation, has integrated Hedera into its Continuity API. This integration links the Hedera network with the traditional banking system and expands its reach by integrating with the Mastercard network.

Hedera is now linked to advanced digital solutions

This partnership prepares users to access Mastercard Payment Gateway Services (MPGS) and other future Hedera Foundation projects such as Web3 solutions.

This integration is a tactical step in improving the usability and compatibility of Hedera. FreshSupplyCoAu is poised to discover new ways to increase efficiency, accessibility and value for both individuals and businesses by bridging the gap between decentralized blockchain technology and traditional financial infrastructure.

Hedera’s integration with banking products opens up the possibility of seamless international trade, secure payments and a wider range of financial services. A powerful potential to rethink how value is distributed, tracked and managed in the digital age exists when the power of blockchain technology is combined with traditional financial structures.

The US government recognizes Hedera

According to a press release issued by the US State Department, Hedera has been marked for their commitment to using blockchain technology to advance democratic principles.

Hedera said she will host a Democracy Roundtable with businesses, trade associations, advocacy groups, academics and government representatives to discuss how distributed ledger technology (DLT) can help increase transparency and protect civil rights.

At the time of writing, the HBAR token is trading at $0.05346, up more than 3% from last week. The current market capitalization of HBAR is $1.74 billion and the CoinMarketCap rating is 33.

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