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: 58.3%(-0.26%/24h)
ETH Dominance: 10.22%(-0.25%/24h)
Defi Market Cap: $0B(+39.52%/24h)
Total Market Cap: $2305.33B(-2.49%/24h)
Total Trading Volume 24h: $310.68B(+46.50%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $961.24B
Altcoin Volume 24h: $168.64B
Total Cryptocurrencies: 37081
Active Cryptocurrencies: 8947
Active Market Pairs: 119443
Active Exchanges: 922
Total Exchanges: 11796
BTC: 67241.17$(1.4%/1H)
ETH: 1951.59$(1.58%/1H)
AVAX: 8.81$(1.49%/1H)
BNB: 644.92$(1.51%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.26$(1.24%/1H)
DOT: 1.33$(1.12%/1H)
UNI: 3.38$(1.31%/1H)
CAKE: 1.35$(1.78%/1H)
SUSHI: 0.21$(1.87%/1H)
ONE: 0$(1.36%/1H)