Neo to Launch Native Stablecoin in Second Half of 2025, Co-Founder Reveals

Neo, a blockchain platform often referred to as 'Chinese Ethereum', is planning to introduce its native stablecoin in the second half of 2025. This was revealed by co-founder Da Hongfei via social media platform X.

The stablecoin launch is part of Neo's broader roadmap aimed at strengthening the utility and liquidity of its Neo X chain. While specific technical details about the stablecoin's design, such as its collateral mechanism or regulatory framework, were not disclosed, this move signals Neo's intent to deepen its footprint in the decentralized finance (DeFi) sector.

The introduction of a native stablecoin could provide a stable medium of exchange within Neo's growing application ecosystem. This is significant because stablecoins are widely used in crypto ecosystems for trading, lending, and payments, enhancing a blockchain's appeal to developers and institutional users.