b2b-daily
Home | FinTech | Fintech Blockchain

Nomura and GMO Internet Forge Path for Yen-Based Stablecoins

Avatar photo
by Daisy Brown
May 29, 2024
Image Credit: Unsplash
Nomura and GMO Internet Forge Path for Yen-Based Stablecoins

In a significant leap toward the integration of digital currencies within the financial markets of Japan, a major collaboration has unfolded between Nomura, a titan of Japanese finance, and GMO Internet, along with its digital asset subsidiary, Laser Digital. The joint initiative spotlights the commitment of these industry giants to carve a niche for stablecoins in the country’s expanding crypto market. Nomura’s CEO, Kentaro Okuda, has recognized the impending importance of stablecoins in financial markets, projecting that their introduction could revolutionize the accessibility of digital assets and inspire innovation in Japan’s financial landscape.

The partnership heralds the concept of “stablecoin-as-a-service,” which is designed to offer tailored solutions for companies eager to launch their own stablecoins. This kind of service packages regulatory adherence, transaction management, and advanced blockchain technology into an all-encompassing solution. It seeks to surmount the plethora of challenges that potential issuers face, offering a smoother runway for launching these digital assets.

Building the Crypto Infrastructure

Nomura, a behemoth in Japan’s financial sector, has intently partnered with GMO Internet and Laser Digital to significantly embrace digital currencies in Japan. This move underscores a serious push to embed stablecoins in Japan’s burgeoning cryptocurrency sphere. Kentaro Okuda, CEO of Nomura, has acknowledged stablecoins’ potential transformative impact on Japan’s financial ecosystem, enhancing the availability of digital assets and spurring innovation.

The collaboration introduces the innovative concept of “stablecoin-as-a-service,” aiming to provide comprehensive, tailored support for enterprises aiming to create their own stablecoins. This service amalgamates strict regulatory compliance, efficient transaction processing, and cutting-edge blockchain infrastructure into a unified, streamlined package. It addresses the numerous hurdles facing issuers, smoothing the path for a stablecoin entrance into the market. This venture between the tech and financial heavyweights positions Japan at the forefront of digital asset integration.

Blockchain TechnologyCryptoInformation SecurityMoney Management

Explore more

Is Desktop Customization the Cure for Linux Distro Hopping?
July 31, 2026

The rapid advancement of personal computing technology often creates a paradox where perfectly functional hardware is rendered obsolete by the arbitrary software constraints of major operating system vendors. Many users find themselves in a position where reliable machines, still possessing significant processing power and memory capacity, are suddenly excluded from receiving the latest security updates or feature sets. This forced

North Korean Hackers Use Fake macOS Updates to Steal Crypto
July 31, 2026

The sophisticated digital landscape of 2026 has witnessed a dramatic surge in highly targeted cyberattacks that specifically exploit the perceived inherent security of Apple’s macOS ecosystem. While many users once believed that the Unix-based architecture and rigorous app-vetting processes provided an impenetrable shield, state-sponsored actors from North Korea have proven otherwise by deploying deceptive software updates. These campaigns often leverage

Microsoft Copilot Flaw Enables Self-Propagating AI Worms
July 31, 2026

The rapid deployment of artificial intelligence within the corporate workspace has traditionally been viewed as a productivity catalyst, yet recent security discoveries have unveiled a sophisticated threat that fundamentally challenges the safety of automated workflows. Security researchers have identified a critical vulnerability within Microsoft Copilot for Word that facilitates a new class of “prompt injection” attacks, allowing malicious actors to

Is Your B2B PR Strategy Building Credibility or Just Noise?
July 31, 2026

Waiting until a major funding round or a massive product launch to initiate a public relations strategy often leaves B2B startups in a precarious position of anonymity during their most critical growth phases. Many founders operate under the misconception that public relations is a reactive mechanism, a lever to be pulled only when there is substantial news to share with

How Can B2B Brands Break Through Digital Marketing Fatigue?
July 31, 2026

The modern B2B procurement environment has transitioned into a hyper-saturated ecosystem where senior decision-makers are currently bombarded by a relentless stream of algorithmically generated outreach and automated marketing sequences. This pervasive digital marketing fatigue has rendered traditional tactics, such as high-volume email sequences and generic personalization tokens, largely ineffective for capturing the attention of high-value prospects who have grown cynical