IOST, a well-known platform for multi-chain infrastructure for RWAs, has partnered with Ethscriptions, the prominent Ethereum rollup platform. The partnership is focused on supporting the impending key Ethscriptions upgrade. As mentioned in IOST’s official X announcement, the collaboration backs the ecosystem with the launch of a Rollup solution to let all assets completely exist on L1. Hence, the development goes in line with the platform’s commitment to promoting technical advancement and interoperability across chains. 🚀 IOST has formed a strategic partnership with @eths_X to support and follow the major upgrade of Ethscriptions 🌐 This milestone marks the first Rollup solution where all assets fully exist on Layer 1, ushering in a new era of L1-standardized EVM data assets. pic.twitter.com/mwNgRZrCvV— IOST (@IOST_Official) October 20, 2025 IOST Backs Ethscriptions’ Latest Upgrade for L1 Standardization in Strategic Partnership IOST’s new partnership attempts to back Ethscriptions’ impending major upgrade. The move is anticipated to play a crucial role in the standardization of EVM data assets. At the same time, the development is also devoted to pushing the Web3 market toward a relatively scalable and secure future. In this respect, the technological framework of EthsX, the native crypto token of Ethscriptions, assists in L1 standardization to boost technological framework. Apart from that, this landmark development is a notable step toward the establishment of a relatively inclusive blockchain ecosystem. Thus, by backing the upcoming Ethscriptions upgrade, the main objective of IOST is to enhance data asset security, efficiency, and transparency when it comes to cross-chain operations. Keeping this in view, the joint effort enables users and developers to leverage the improved performance without any compromise on decentralization. Pioneering Unique Rollup Solution for Robust Web3 Growth According to IOST, the partnership integrates completely L1 assets into the ecosystem of Ethscriptions. This presents a wider market trend towards decreasing L2 reliance. This guarantees that transfers as well as asset ownership remain secure and verifiable. Ultimately, it fortifies IOST’s ecosystem and establishes a benchmark for additional collaborations within the blockchain sector, prioritizing transparent, secure, and scalable decentralized technologies.IOST, a well-known platform for multi-chain infrastructure for RWAs, has partnered with Ethscriptions, the prominent Ethereum rollup platform. The partnership is focused on supporting the impending key Ethscriptions upgrade. As mentioned in IOST’s official X announcement, the collaboration backs the ecosystem with the launch of a Rollup solution to let all assets completely exist on L1. Hence, the development goes in line with the platform’s commitment to promoting technical advancement and interoperability across chains. 🚀 IOST has formed a strategic partnership with @eths_X to support and follow the major upgrade of Ethscriptions 🌐 This milestone marks the first Rollup solution where all assets fully exist on Layer 1, ushering in a new era of L1-standardized EVM data assets. pic.twitter.com/mwNgRZrCvV— IOST (@IOST_Official) October 20, 2025 IOST Backs Ethscriptions’ Latest Upgrade for L1 Standardization in Strategic Partnership IOST’s new partnership attempts to back Ethscriptions’ impending major upgrade. The move is anticipated to play a crucial role in the standardization of EVM data assets. At the same time, the development is also devoted to pushing the Web3 market toward a relatively scalable and secure future. In this respect, the technological framework of EthsX, the native crypto token of Ethscriptions, assists in L1 standardization to boost technological framework. Apart from that, this landmark development is a notable step toward the establishment of a relatively inclusive blockchain ecosystem. Thus, by backing the upcoming Ethscriptions upgrade, the main objective of IOST is to enhance data asset security, efficiency, and transparency when it comes to cross-chain operations. Keeping this in view, the joint effort enables users and developers to leverage the improved performance without any compromise on decentralization. Pioneering Unique Rollup Solution for Robust Web3 Growth According to IOST, the partnership integrates completely L1 assets into the ecosystem of Ethscriptions. This presents a wider market trend towards decreasing L2 reliance. This guarantees that transfers as well as asset ownership remain secure and verifiable. Ultimately, it fortifies IOST’s ecosystem and establishes a benchmark for additional collaborations within the blockchain sector, prioritizing transparent, secure, and scalable decentralized technologies.

IOST Supports Ethscriptions’ Rollup Launch for Fully On-Chain L1 Assets

2025/10/21 07:30

IOST, a well-known platform for multi-chain infrastructure for RWAs, has partnered with Ethscriptions, the prominent Ethereum rollup platform. The partnership is focused on supporting the impending key Ethscriptions upgrade. As mentioned in IOST’s official X announcement, the collaboration backs the ecosystem with the launch of a Rollup solution to let all assets completely exist on L1. Hence, the development goes in line with the platform’s commitment to promoting technical advancement and interoperability across chains.

IOST Backs Ethscriptions’ Latest Upgrade for L1 Standardization in Strategic Partnership

IOST’s new partnership attempts to back Ethscriptions’ impending major upgrade. The move is anticipated to play a crucial role in the standardization of EVM data assets. At the same time, the development is also devoted to pushing the Web3 market toward a relatively scalable and secure future. In this respect, the technological framework of EthsX, the native crypto token of Ethscriptions, assists in L1 standardization to boost technological framework.

Apart from that, this landmark development is a notable step toward the establishment of a relatively inclusive blockchain ecosystem. Thus, by backing the upcoming Ethscriptions upgrade, the main objective of IOST is to enhance data asset security, efficiency, and transparency when it comes to cross-chain operations. Keeping this in view, the joint effort enables users and developers to leverage the improved performance without any compromise on decentralization.

Pioneering Unique Rollup Solution for Robust Web3 Growth

According to IOST, the partnership integrates completely L1 assets into the ecosystem of Ethscriptions. This presents a wider market trend towards decreasing L2 reliance. This guarantees that transfers as well as asset ownership remain secure and verifiable. Ultimately, it fortifies IOST’s ecosystem and establishes a benchmark for additional collaborations within the blockchain sector, prioritizing transparent, secure, and scalable decentralized technologies.

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MoneyGram launches stablecoin-powered app in Colombia

MoneyGram launches stablecoin-powered app in Colombia

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia
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BitcoinEthereumNews2025/09/18 07:04