Japanese Banking Giant Teams Up for Yen and Dollar Stablecoin Exploration
Japanese financial services giant Nomura Holdings and its digital asset subsidiary, Laser Digital, are joining forces with GMO Internet Group to delve into the issuance of stablecoins pegged to both the Japanese yen (JPY) and the United States dollar (USD) within Japan. This collaborative effort signifies a growing interest in stablecoin technology from established financial institutions in the Asian nation. The announcement, made on May 27, 2024, […]