GFT and Red Date will integrate stablecoins and CBDCs into UDPN on the Hedera network

Odaily Planet Daily News According to official sources, global IT engineering and solution provider GFT and decentralized cloud infrastructure company Red Date Technology have integrated stablecoins based on the Hedera network and EMTECH CBDC Sandbox into the Universal Digital Payment Network (UDPN). The team said: “This integration will make it easier to create Programmability payment applications using Stable Coin and CBDC on Hedera. In this proof of concept, GFT developed and integrated two custom transaction Nodes, connecting UDPN to the Digital Money system through a transaction gateway - one for the Stable Coin used in the Hedera Stable Coin Studio and the other for the CBDC used in the EMTECH CBDC Sandbox.”