Japanese Technology Conglomerate GMO to Unveil Yen-Pegged Crypto Stablecoin

Zaif CryptocurrencyJapanese internet giant GMO Internet has announced that it will launch a stablecoin pegged to the yen next year. According to the founder and president of GMO Internet, Masatoshi Kumagaii, the stablecoin which will be known as GMO Japanese Yen (GJY) will be issued in Asia. It is expected that the assets backing the stablecoin

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