AltX Research is pleased to announce that GMO-Z.com Trust Company, the U.S.-based subsidiary of the GMO Internet Group, has joined Japan Smart Chain (JSC) as a Vision Partner. Together, the teams will study how regulated stablecoins can be issued and circulated on JSC under Japanese law.
Why this matters
GMO Trust has operated a regulated stablecoin business in the United States since 2020, issuing yen- and dollar-denominated tokens under New York State oversight. That track record, combined with JSC's compliance-first architecture, sets a foundation for stablecoins designed specifically for the Japanese market.
The collaboration will draw on the MIZUHIKI Suite — modular identity, KYC, and wallet-registration tools that let regulated issuers operate on public infrastructure while meeting Japanese requirements.
What we plan to explore
- An issuance and circulation model for stablecoins tailored to Japanese regulation
- Integration patterns between GMO Trust's existing stablecoin infrastructure and JSC
- Tooling for compliant wallet onboarding and counterparty verification
About the Vision Partner program
Vision Partners are organizations that share our long-term view for digital-asset infrastructure in Japan and actively co-create concrete use cases on JSC. We look forward to working closely with the GMO Trust team in the months ahead.




