The Stellar Development Foundation signed a deal with Ukraine's Ministry of Digital Transformation to develop CBDC infrastructure, stablecoin implementation, and virtual asset market capabilities using the Stellar blockchain.
The Stellar Development Foundation announced a partnership with Ukraine's Ministry of Digital Transformation to build infrastructure for a Ukrainian central bank digital currency (CBDC), stablecoin implementation, and virtual assets market. The project expands beyond a digital hryvnia to include broader virtual asset infrastructure development on Stellar. Ukraine's National Bank has been researching CBDC implementation since 2017, and this partnership positions Stellar as the technical foundation for the country's digital currency and fintech ecosystem development.