Nomura Securities Subsidiary Laser Digital Plans to Issue Japanese Stablecoin
Nomura Securities announced its cooperation with its digital asset subsidiary, Laser Digital, and the parent company of stablecoin issuer GMO-Z, GMO Internet. The two parties plan to jointly explore the issuance of US dollar and Japanese yen stablecoins in Japan, and provide stablecoin-as-a-service solutions in the Japanese market. It is reported that GMO-Z has a New York State (NYDFS) trust license, and its stablecoins GYEN and ZUSD can be used on 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
NEAR Achieves Blockchain Sharding, Solving the Blockchain Trilemma
Analyst Forecasts 8,500% Surge for Cardano: Is $31 the Next Target?
The Lesser-Known Crypto Positioned for 150x Profits – Don’t Miss Out!
SBF’s Doctors Support Appeal Citing Autism and ADHD in Defense at Court, How Will Justice Play Out?