GMO Internet Set to Launch Yen-Backed Stablecoin “GMO Japanese Yen” in 2019

Source: BTC Manager, originally published on .

https://btcmanager.com/gmo-internet-set-to-launch-yen-backed-stablecoin-gmo-japanese-yen-in-2019/.

GMO Internet Set to Launch Yen-Backed Stablecoin ‘GMO Japanese Yen’ in 2019

Japanese IT giant, GMO Internet has made its entry into the stablecoin space, with plans to launch a yen-pegged cryptocurrency in 2019. In an announcement on October 9, 2018, the company said that it would begin full-scale preparation to issue the stablecoin – GMO Japanese Yen (GJY) –  as it prepares for a move into the blockchain remittance and settlement…Read More. The post by Priyeshu Garg appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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