Stablecoin

Token

Solana

Step Finance

<h4><strong>The company announced that its stablecoins, $ZUSD, and $GYEN, are now live on the Solana blockchain platform. </strong></h4> 
<p>This move boosts the stablecoins’ use and shows GMOTrust’s dedication to using advanced technology for superior financial solutions.</p> 
<h5><strong>GMOTrust’s Stablecoins on Solana</strong></h5> 
<p>Stablecoins have become increasingly important in the cryptocurrency ecosystem. They provide digital currency benefits—speed, security, borderless transactions—without the usual crypto volatility. GMOTrust’s $ZUSD and $GYEN, tied to the US dollar and Japanese yen respectively, offer stable and trustworthy digital transactions.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> BREAKING: <a href="https://twitter.com/GMOTrust?ref_src=twsrc%5Etfw">@GMOTrust</a>, one of the largest stablecoin issuers, has announced that their <a href="https://twitter.com/solana?ref_src=twsrc%5Etfw">@solana</a> stablecoins, <a href="https://twitter.com/search?q=%24ZUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ZUSD</a> and <a href="https://twitter.com/search?q=%24GYEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GYEN</a>, are now live on their platform. <a href="https://t.co/u5CsOgv9kD">pic.twitter.com/u5CsOgv9kD</a></p> 
 <p>— SolanaFloor | Powered by Step Finance (@SolanaFloor) <a href="https://twitter.com/SolanaFloor/status/1758110376439251105?ref_src=twsrc%5Etfw">February 15, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>The integration of $ZUSD and $GYEN into the Solana blockchain is a strategic move by GMOTrust. So, Solana’s scalability and efficiency make it perfect for stablecoins needing quick, affordable transactions for trading, payments, DeFi, and more.</p> 
<p>GMOTrust’s decision to go live with $ZUSD and $GYEN on Solana also underscores the company’s vision for a more interconnected and efficient global financial system. This move strengthens GMOTrust’s lead in stablecoin issuance and aids in the wider adoption of blockchain and digital currencies.</p> 
<h5><strong>More About Solana’s Stablecoins</strong></h5> 
<p>Paxos is enhancing its digital asset suite by introducing a stablecoin on Solana, utilizing its unique token extensions. Paxos’s move diversifies its stablecoin offerings and leverages Solana’s fast, affordable transactions for a better digital currency experience.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Stablecoin issuers like <a href="https://twitter.com/Paxos?ref_src=twsrc%5Etfw">@Paxos</a> and <a href="https://twitter.com/GMOTrust?ref_src=twsrc%5Etfw">@GMOTrust</a> are rapidly adopting token extensions on Solana <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/zNw9qWgvjA">https://t.co/zNw9qWgvjA</a></p> 
 <p>Token extensions empower regulated entities, institutions, &amp; devs to quickly build new token experiences that are not possible on any other public blockchain.…</p> 
 <p>— Solana (@solana) <a href="https://twitter.com/solana/status/1757843467731153120?ref_src=twsrc%5Etfw">February 14, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>This initiative shows Paxos’s dedication to expanding secure, reliable digital finance, boosting the cryptocurrency market’s growth and maturity.</p> 
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<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/zusd-and-gyen-stablecoins-go-live-on-solana-with-gmotrust/">$ZUSD and $GYEN Stablecoins Go Live on Solana with GMOTrust</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

$ZUSD and $GYEN Stablecoins Go Live on Solana with GMOTrust

Altcoin Buzz

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