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Fireblocks Launches $1 million Developer Grant Program to Boost PYUSD Adoption

Digital asset management platform Fireblocks announced the launch of a $1 million developer grant program to boost PYUSD adoption. Fireblocks' grant program incentivizes companies to build innovative blockchain-based products by providing grants to companies that hold PYUSD balances using the Fireblocks platform. Eligible individual projects will be eligible for up to $60,000 in program funding. Ran Goldi, senior vice-president of payments and networking at Fireblocks, said in a statement: "Our pilot has demonstrated the transformative impact that PYUSD can have, and we look forward to seeing enterprises create real-world use cases that take full advantage of stablecoins."