đŻđ” DMM Crypto explores stablecoin launch under Japanâs regulations
Japanâs DMM Group, along with its subsidiary DMM Crypto, is partnering with blockchain developer Progmat to explore the launch of a stablecoin under existing local regulations, according to an Aug. 23 statement. Initially, the stablecoin will be integrated into DMMâs digital economy project, Seamoon Protocol. It will be designed to enhance stability and ultimately boost the value of the networkâs planned native SMP token.
