Progmat and DMM to launch regulated stablecoin for Seamoon Protocol
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Collaboration for New Stablecoin: Japanese stablecoin platform Progmat and DMM are collaborating to launch a new stablecoin that complies with Japan's digital asset regulations, which will be integrated into the Seamoon protocol for cultural and entertainment purposes.
Phased Launch Plan: The stablecoin will be released in three phases, starting with the SMP coin as the primary payment method, followed by its use among partners, and ultimately expanding to a broader audience.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
