Japanese Banking Giant Nomura Focuses on Stablecoin Market
May 27, 2024
The Japanese banking giant Nomura and its digital asset division, Laser Digital, have announced a partnership with Japan’s GMO Internet Group to explore the management of stablecoins denominated in Japanese yen and U.S. dollars. Their plans include a “stablecoin-as-a-service” product aimed at assisting companies in issuing stablecoins in compliance with regulations.