HOBBE Tech. Co. today officially confirmed that active development of HOBBE COIN (HBC), a next-generation stablecoin, is underway. HBC is designed to serve as the native financial layer of the HOBBE digital ecosystem, enabling seamless value exchange across HOBBE's connected platform and positioning the company as a participant in the future of African digital finance.
The announcement confirms months of engineering work and strategic planning that began quietly as part of HOBBE's long-term platform strategy. HOBBE COIN is not a speculative cryptocurrency — it is infrastructure, designed with stability, utility, and regulatory compliance as its primary values. Its purpose is to provide users of HOBBE's ecosystem with a reliable, programmable digital currency for transactions, services and value exchange within the HOBBE Platform.
The Strategic Rationale
"As the HOBBE Platform grows toward the scale we intend for it to reach, it will process millions of transactions — content purchases, service fees, peer-to-peer payments, institutional settlements," said Mahfuz Kedir Abas, Founder and CEO. "Building that financial layer on traditional payment infrastructure would limit us in ways that are unacceptable given our ambition. HBC gives us the infrastructure to build a truly connected digital economy at scale."
Khalid Meftu, Co-Founder and CTO, described the technical approach: "We are building HBC on proven blockchain infrastructure, with a design that prioritizes stability, security and the ability to integrate seamlessly with existing financial systems. This is not a quick project — it is a multi-year technical commitment that we are making with the seriousness it deserves."
Development Timeline
HOBBE COIN is targeting a public launch in Q2 2027, following a phased development and testing process that will include internal alpha deployment, partner testing, and regulatory review. The company is actively engaging with relevant financial and technology regulatory bodies in Ethiopia to ensure that HBC's development and eventual launch are fully compliant with applicable law and policy frameworks.
Registration for Early Access
Organizations and individuals interested in early access to HOBBE COIN when it launches can register at hobbetech.co/hbc. Early registrants will receive priority onboarding and direct communication from the HOBBE team as development progresses.
About HOBBE Tech. Co.
HOBBE Tech. Co. is a full-spectrum technology company founded in Ethiopia, building software, enterprise systems, government platforms, AI solutions, and the HOBBE Platform. With over 70 products and solutions developed, HOBBE serves organizations across Ethiopia and East Africa.
Mahlet Bushra Hussein, Public Relations Manager
press@ihobbe.com