CoinDesk Oct 18, 2025 at 9:30 PM By Jamie Redman
Japan’s Big Three Banking Titans Unite to Launch Yen-Pegged Stablecoin
Three 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
Crypto News|Bank|Blockchain|Stablecoin
Japan’s Big Three Banking Titans Unite to Launch Yen-Pegged Stablecoin
Three 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
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