Nomura Securities Subsidiary Laser Digital Plans to Issue Japanese Stablecoin

05/27 10:15

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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.

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