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: 60.37%(-0.06%/24h)
ETH Dominance: 10.72%(+0.03%/24h)
Defi Market Cap: $0B(-16.02%/24h)
Total Market Cap: $2591.79B(-0.12%/24h)
Total Trading Volume 24h: $87.3B(-32.75%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1027.14B
Altcoin Volume 24h: $70.47B
Total Cryptocurrencies: 37444
Active Cryptocurrencies: 8487
Active Market Pairs: 114027
Active Exchanges: 938
Total Exchanges: 12115
BTC: 78148.94$(-0.21%/1H)
ETH: 2301.83$(-0.26%/1H)
AVAX: 9.06$(-0.54%/1H)
BNB: 615.61$(-0.18%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.25$(-0.35%/1H)
DOT: 1.21$(-0.75%/1H)
UNI: 3.21$(-0.58%/1H)
CAKE: 1.46$(-0.34%/1H)
SUSHI: 0.22$(-2.25%/1H)
ONE: 0$(-0.81%/1H)