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The Daily Hodl 2021-11-12 08:04:11

Coinbase Pro Plans To Launch Japanese Yen-Pegged Stablecoin

Coinbase Pro is announcing plans to launch a stablecoin pegged to the Japanese yen, reportedly the first of its kind. GYEN (GYEN) bills itself as the “first regulated digital [Japanese yen].” The project says it is 100% fiat-backed. Coinbase first issued a press release earlier this week announcing Coinbase Pro’s plans to launch GYEN order […]The post Coinbase Pro Plans To Launch Japanese Yen-Pegged Stablecoin appeared first on The Daily Hodl.

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