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HashKey On-Chain and RD Technologies Form Deep Partnership to Support On-Chain Testing for RDUSD
The partnership will expand RDUSD into settlement, treasury management and tokenization, with HSK Chain supporting deployment and integration across institutional use cases.
On yesterday, HashKey On-Chain announced a strategic partnership with RD Technologies to deploy the RDUSD stablecoin on HSK Chain, targeting cross-border trade and institutional finance integration.
HSK Chain, an institutional-grade Ethereum Layer 2, provides auditable infrastructure for RDUSD deployment. The ecosystem currently features over 200 projects with on-chain Real World Asset holdings exceeding US$300 million.
Participating in the Hong Kong Monetary Authority's Stablecoin Issuer Sandbox, RD Technologies has raised over US$90 million in funding from investors including Sequoia China, Solana Foundation, and Aptos Labs.
RDUSD will integrate into the HashKey Trading Portal for tokenized asset settlement and the Trade Finance Platform, delivering 24/7 cross-border clearing for import and export enterprises.
Rachel Qiu, COO of HashKey On-Chain Business Group, stated the deployment "marks the first step in our collaboration," as partners work to integrate compliant stablecoins into real-world commercial activities.