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Soramitsu Launches Service for Domestic Stablecoin Issuance

The blockchain firm leverages its national-scale CBDC project experience to facilitate domestic stablecoin creation.

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Terms & Concepts
  • Stablecoin: A type of cryptocurrency designed to maintain a stable value by pegging it to a reserve asset, such as the US dollar or gold.
  • Central Bank Digital Currency (CBDC): A digital form of a country’s official currency issued and regulated by its central bank.