Hashgraph planning to launch new HashSphere blockchain for regulated industries

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Hashgraph, the developer behind the Hedera network, has announced the launch of HashSphere, a private, permissioned blockchain tailored for enterprises in regulated industries.

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Set to go live in Q3 2025, HashSphere is designed to facilitate low-cost, compliant cross-border stablecoin transactions for banks and asset managers. Built on Hedera’s technology, HashSphere will offer EVM compatibility, allowing institutions to develop and deploy smart contracts while ensuring adherence to regulatory requirements such as KYC and AML rules.

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The platform is currently in beta testing and is working with industry players, including Australian Payments Plus. Andrew Stakiwicz, head of solutions at Hashgraph, said that HashSphere seeks to eliminate key barriers to enterprise blockchain adoption, including vendor lock-in, scalability limitations, and the security risks associated with public networks