{"id":573235,"date":"2026-03-24T02:52:44","date_gmt":"2026-03-24T02:52:44","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/24\/eyecare-biotech-jumps-19-after-stablecoin-focused-rebrand\/"},"modified":"2026-03-24T02:52:44","modified_gmt":"2026-03-24T02:52:44","slug":"eyecare-biotech-jumps-19-after-stablecoin-focused-rebrand","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/24\/eyecare-biotech-jumps-19-after-stablecoin-focused-rebrand\/","title":{"rendered":"Eyecare biotech jumps 19% after stablecoin-focused rebrand"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDMvMDE5ZDFjZDktZjJhNS03YjFlLWJiYzYtODU1ZDk0NjYzNjI4LmpwZw==.jpg\" alt=\"Eyecare biotech jumps 19% after stablecoin-focused rebrand\" class=\"type:primaryImage\" \/><\/p>\n<p>NovaBay Pharmaceuticals was founded in 2000 as a biopharmaceutical company developing eye care products and is now betting big on the Sky protocol and stablecoins.<\/p>\n<p>Shares in NovaBay Pharmaceuticals jumped nearly 19% after the company announced it would change its name to Stablecoin Development Corporation as part of its strategic crypto pivot.<\/p>\n<p>NovaBay Pharmaceuticals CEO Michael Kazley said in a statement on Monday that the company\u2019s plan going forward is to access cash flows <a title=\"https:\/\/cointelegraph.com\/news\/paypal-expand-pyusd-stablecoin-70-countries\" href=\"https:\/\/cointelegraph.com\/news\/paypal-expand-pyusd-stablecoin-70-countries\" target=\"_self\" rel=\"\">within the growing stablecoin economy<\/a>.<\/p>\n<p>\u201cThe name change to Stablecoin Development Corporation reflects our conviction that stablecoins represent the most compelling structural opportunity in digital finance,\u201d he said.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/eyecare-biotech-jumps-19-after-stablecoin-focused-rebrand\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>NovaBay Pharmaceuticals was founded in 2000 as a biopharmaceutical company developing eye care products and is now betting big on the Sky protocol and stablecoins. Shares in NovaBay Pharmaceuticals jumped nearly 19% after the company announced it would change its name to Stablecoin Development Corporation as part of its strategic crypto pivot. NovaBay Pharmaceuticals CEO [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":573236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-573235","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/573235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=573235"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/573235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/573236"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=573235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=573235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=573235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}