GMO Trust is a subsidiary of Japan’s GMO Internet, and the world’s first regulated JPY-pegged stablecoin issuer. GMO Trust wanted to offer fiat-based stablecoins tied to JPY and USD as a way to send money efficiently for cheaper costs or hedge against volatility while trading seamlessly between fiat and digital assets.
- The GMO team was looking for a third-party stablecoin tokenization provider that could manage the process and meet regulatory requirements.
- Developing the stablecoin minting and burning process in-house was too cumbersome with its custody, private key, and other workflow requirements.
- Bringing the process in-house would limit token issuing and adjustments to typical business hours—which would negatively impact revenue.
Download this case study to learn how Fireblocks built the ideal end-to-end tokenization solution for GMO Trust, in just 30 days.