OwlTing Partners with GMO Trust to Expand Multi-Currency Stablecoin Offering

OwlTing Group has teamed up with GMO-Z.com Trust Company to expand their stablecoin offerings, particularly focusing on regulated stablecoins such as GYEN and ZUSD. This partnership is set to increase cross-border transaction options by integrating these stablecoins into OwlPay® Wallet Pro, a digital wallet supporting various currencies. This move allows businesses and individuals to conduct fast, cost-effective transactions, with fees remaining under 1%, compared to traditional remittance services. The project also highlights OwlTing’s strategy to combine traditional finance with digital assets, aligning with the broader adoption of stablecoins in the digital finance ecosystem. The increased use of stablecoins, surpassing giants like Visa and Mastercard in transaction volumes, reflects their rising importance. This partnership is relevant to the Stellar blockchain as it embodies the blockchain’s mission to enable efficient and accessible global financial services.