Nomura Securities, Laser Digital and GMO Internet plan to issue Japanese stablecoin
Golden Finance reported that Nomura Securities announced a cooperation with GMO Internet, the parent company of Laser Digital and GMO-Z. The two parties plan to jointly explore the issuance of U.S. dollar and Japanese yen stablecoins in Japan and provide stablecoin-as-a-service solutions in the Japanese market. It is reported that GMO-Z holds a New York State (NYDFS) trust license, the same license as stablecoin issuers Paxos and Gemini Trust. Its GYEN and ZUSD stablecoins are available on the Ethereum, Solana and Stellar blockchains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Big iron ore miners deplete reserves faster than they replace
The Federal Reserve signals continued interest rate hikes; the U.S. dollar posts its largest single-week gain in over three months.
After the Federal Reserve signaled continued interest rate hikes in the future, the US dollar strengthened significantly this week, marking its largest single-week gain in more than three months.
South Korean Won: Foreign equity flows keep KRW heavy against US Dollar – OCBC
Crypto prices
More
