TechFlow news, July 10, according to CoinDesk, Japanese listed company Metaplanet is collaborating with yen stablecoin issuer JPYC and security token platform Progmat to research digital credit products using bitcoin as collateral. The proposal aims to enable 24/7 trading and settlement of credit instruments through tokenization, exploring further integration of bitcoin into financial infrastructure. Participants also include Siiibo Securities, recently acquired by Metaplanet.
Metaplanet stated that it is currently still in the research stage, and details such as issuance timing, product terms, yield rates, and collaboration models have not yet been determined.
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