Celsius Network Partners With GMO-Z Trust Company To Bring Traditional Finance Into The Blockchain Space

Published on: 09.05.2021

A strategic partnership between GMO-Z Trust Company and lending platform Celsius Network will bridge traditional finance with the blockchain space.

The partnership will bring GMO-Z issued stablecoin ZUSD in the Celsius app to be  use as collateral in crypto-backed loans.

The ZUSD joins the list of stablecoins currently supported by the Celsius app that generates high interest rates.

Through this partnership, Celsius and GMO-Z will lead in bringing traditional finance into the digital world of savings, lending and decentralized finance.

#SmartCrypto

Market Stats:
BTC Dominance: 62.88%(-0.12%/24h)
ETH Dominance: 7.15%(-0.04%/24h)
Defi Market Cap: $77.63B(+7.04%/24h)
Total Market Cap: $2665.21B(-1.03%/24h)
Total Trading Volume 24h: $48.73B(+11.84%/24h)
ETH Market Cap: $190.42B
Defi to ETH Ratio: 40.77%
Defi Dominance: 2.82%
Altcoin Market Cap: $989.32B
Altcoin Volume 24h: $33.49B
Total Cryptocurrencies: 34327
Active Cryptocurrencies: 9857
Active Market Pairs: 100314
Active Exchanges: 812
Total Exchanges: 10348
BTC: 84409.03$(0.13%/1H)
ETH: 1579.19$(0.3%/1H)
AVAX: 19.39$(0.14%/1H)
BNB: 589.77$(-0.17%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.62$(-0.02%/1H)
DOT: 3.84$(0.86%/1H)
UNI: 5.2$(0.24%/1H)
CAKE: 1.94$(0.48%/1H)
SUSHI: 0.58$(0.21%/1H)
ONE: 0.01$(0.4%/1H)