TechFlow news, according to The Block, Japanese financial giant Nomura and its digital asset arm Laser Digital have partnered with Japan-based GMO Internet Group to explore stablecoin issuance in Japan. They plan to explore the issuance, redemption, and circulation of yen- and dollar-denominated stablecoins, and also aim to offer a "stablecoin-as-a-service" product to help companies launch their own stablecoins. Under the collaboration, Nomura and Laser Digital will focus more on cryptocurrency trading, asset management, and venture investments, while GMO is expected to contribute more on the technical side.
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