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: 60.11%(+0.01%/24h)
ETH Dominance: 10.27%(-0.07%/24h)
Defi Market Cap: $0B(+2.23%/24h)
Total Market Cap: $2651.74B(-2.05%/24h)
Total Trading Volume 24h: $94.65B(+9.22%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1057.77B
Altcoin Volume 24h: $57.76B
Total Cryptocurrencies: 37513
Active Cryptocurrencies: 8440
Active Market Pairs: 114086
Active Exchanges: 941
Total Exchanges: 12141
BTC: 79563.47$(-0.29%/1H)
ETH: 2256.01$(-0.45%/1H)
AVAX: 9.66$(-0.53%/1H)
BNB: 670.09$(-0.42%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.26$(-0.29%/1H)
DOT: 1.32$(-0.48%/1H)
UNI: 3.58$(-0.45%/1H)
CAKE: 1.52$(-0.34%/1H)
SUSHI: 0.23$(-0.33%/1H)
ONE: 0$(-0.42%/1H)