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/PRNewswire/ -- GMO-Z.com Trust Company, Inc. ("GMO Trust"), announced today that it has partnered with INX Limited, the owner of regulated cryptocurrency and...
Share this article Share this article NEW YORK, May 25, 2021 /PRNewswire/ -- GMO-Z.com Trust Company, Inc. ("GMO Trust"), the New York-based, regulated stablecoin subsidiary of Japanese financial services and Internet conglomerate GMO Internet Group ("GMO") today announced an expanded partnership with Nexus Markets, a retail and institutional exchange partner, to offer JPY-pegged "GYEN" and USD-pegged "ZUSD" stablecoin Vaults. (PRNewsfoto/GMO Internet Group) Nexus Markets is an established exchange provider of GYEN and ZUSD liquidity. They are now expanding their support of these assets t...
Online Tech Giants Push Stablecoin Adoption Posted on 05/13/2021 Jon Cunliffe is the Deputy Governor of the Bank of England. “First and foremost are the financial stability implications of the absence of public money for use by the general public,” Cunliffe said in speech on Thursday. “Ensuring confidence in money as a means of payment and store of value is fundamental to financial stability.” As online commerce increases usage, stablecoins and other digital currencies could quickly gain support among consumers. Stablecoins are cryptocurrencies that attempt to peg their market value t...
GMO-Z.com Trust Company, Inc. ("GMO Trust"), the New York-based, regulated stablecoin subsidiary of Japanese Financial Services and Internet conglomerate GMO Internet Group, and Binance, the global blockchain company behind the world's largest cryptocurrency exchange by trading volume and users, today announced its partnership to bring "GYEN", the world's first regulated Japanese yen (JPY) stablecoin, to Binance's exchange. GYEN can be purchased and redeemed directly 1:1 from GMO Trust in fiat, and can be traded against popular cryptocurrencies on Binance, in...
Celsius and GMO Trust Expand Regulated USD Stablecoin Lending Market News provided by Share this article (PRNewsfoto/GMO Internet Group) NEW YORK, May 7, 2021 /PRNewswire/ -- GMO-Z.com Trust Company, Inc. ("GMO Trust"), the New York-based, regulated stablecoin subsidiary of Japanese Financial Services and Internet conglomerate GMO Internet Group, embarks on a new partnership with Celsius, the industry-leading cryptocurrency lending platform. Customers will be able to use ZUSD, a regulated, USD-pegged stablecoin issued by GMO Trust, as collateral for crypto-backed loans. ZUSD will be initiall...