26 Dec 2019 it also announced that the company holding internal testing of blockchain is preparing for the launch of a Japanese yen-pegged stablecoin GMO Internet Group plans to launch a yen-pegged digital currency following its completion of a proprietary blockchain system. The stablecoin is expected to be An online platform offering stablecoin cryptocurrencies pegged to fiat A stablecoin cryptocurrency pegged to products and utilities. GMO Internet Group . 7 Nov 2019 Singaporean fintech startup Xfers is launching a pilot stablecoin 500 Startups, GMO Venture Partners, and others, TechCrunch reported.
Japanese Internet Giant Announces Yen-Backed Stablecoin ... GMO Internet Group, a publically listed Japanese Internet company, has recently announced plans to launch a yen-backed stablecoin early next year. The new stablecoin dubbed GMO Japanese Yen will trade under the ticker symbol GJY.. The press release also mentions that GMO Internet Group sees three areas of the digital currency space, which are “exchanges”, “ mining ”, and “settlement”. Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin
Jan 01, 2020 · The stablecoin that GMO Internet is preparing to launch is a fiat-collateralized stablecoin backed by Japanese Yen (Yen-pegged currency). GMO Internet Group GMO … A Look Into the New Stablecoins of Crypto - The Capital ... Mar 11, 2019 · The GMO Japanese YEN (GJY) will be a Yen-pegged stablecoin, the GMO Internet Group plans to launch in 2019. Notably, GMO will use the GJY token to … Japan’s GMO Internet Gears for Yen-Pegged Stablecoin ...
Japan’s GMO Internet Gears for Yen-Pegged Stablecoin Launch in 2019 The company aims to bolster its presence in the crypto market with the planned 2019 launch of GMO Japanese Yen (GJY). Stablecoin frenzy spreads to PwC and Japanese giant GMO ... And then there’s today’s news that GMO Internet of Japan is working flat-out on a yen-pegged stablecoin. The coin will be called GMO Japanese Yen (GJY). Tether still top dog but for how long? Stablecoins are a bridge between crypto and the fiat world, acting as a proxy for the dollar. Tether (USDT) is the top traded asset right now. For GMO announces stablecoin tethered to Japanese yen - Coinatory GMO Internet, a Japanese online conglomerate, confirmed its plans to issue a stablecoin tethered to the Japanese yen. GMO, which in June announced ASIC miners based on 7-nm chips, and in September presented a platform for cryptocurrency trading, intends to begin the issue of stablecoins at the beginning of the 2019 financial year (in Japan […]
GMO Internet Group plans to launch a yen-pegged digital currency following its completion of a proprietary blockchain system. The stablecoin is expected to be An online platform offering stablecoin cryptocurrencies pegged to fiat A stablecoin cryptocurrency pegged to products and utilities. GMO Internet Group .