Japan’s Big Three Banking Titans Unite to Launch Yen-Pegged Stablecoin

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Bitcoin com 2 hours ago 123

Japan’s Big Three Banking Titans Unite to Launch Yen-Pegged StablecoinThree of Japan’s largest banks—Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG), and Mizuho Financial Group—are joining forces to issue a stablecoin pegged to the Japanese yen, according to an exclusive published by Nikkei Asia. Japan’s Top Banks Plan Stablecoin to Digitize Corporate Settlements The Nikkei Asia report notes that the trio’s initiative […]

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