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: 62.41%(-0.56%/24h)
ETH Dominance: 8.8%(+0.06%/24h)
Defi Market Cap: $105.66B(+2.37%/24h)
Total Market Cap: $3304.73B(+1.02%/24h)
Total Trading Volume 24h: $158.99B(-8.16%/24h)
ETH Market Cap: $287.28B
Defi to ETH Ratio: 36.78%
Defi Dominance: 3.09%
Altcoin Market Cap: $1242.16B
Altcoin Volume 24h: $107.39B
Total Cryptocurrencies: 34469
Active Cryptocurrencies: 9791
Active Market Pairs: 101850
Active Exchanges: 815
Total Exchanges: 10406
BTC: 103817.41$(0.12%/1H)
ETH: 2405.84$(1.9%/1H)
AVAX: 24.19$(1.42%/1H)
BNB: 662.63$(0.09%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.8$(1.2%/1H)
DOT: 5.07$(-0.21%/1H)
UNI: 6.64$(2.07%/1H)
CAKE: 2.47$(0.58%/1H)
SUSHI: 0.81$(2.95%/1H)
ONE: 0.02$(1.43%/1H)