$1 billion fund founders to launch Japanese yen‐pegged stablecoin

Оригинал: https://coingeek.com/1-billion-fund-founders-launch-japanese-yen-pegged-stablecoin/

The founders of a $1 billion blockchain fund backed by the government of Hangzhou in China have announced plans for a new project that will launch a stablecoin backed by Japanese yen, the South China Morning Post  reported.

Founder Yongjie Yao, of Xiong’An (Grandshores) Blockchain Fund, said that the project was already underway, with part finance raised from a fund promoted by another company he controls—Grandshores Technology.

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