TechFlow News, August 23 — According to CoinPost, DMM.com and DMM Crypto, subsidiaries of Japanese internet giant DMM Group, have announced a joint development initiative with blockchain technology company Progmat to launch a stablecoin compliant with Japan’s revised "Fund Settlement Act." The stablecoin is initially planned for use within DMM Group's "Seamoon Protocol" digital economic ecosystem, operating alongside the native token SMP, aiming to expand the token economy and enhance SMP's value.
DMM Group will advance stablecoin adoption in three phases: first stabilizing SMP prices and growing the ecosystem, followed by internal group settlements, and ultimately expanding to payments among partners and end-users.
Add to Favorites
Share to Social Media
