Three Major Japanese Banks Could Launch Yen-Pegged Stablecoin on MUFG’s Progmat to Modernize Corporate Settlements

Three Major Japanese Banks Could Launch Yen-Pegged Stablecoin on MUFG’s Progmat to Modernize Corporate Settlements

Japan’s largest banks are collaborating to issue a yen-pegged stablecoin using MUFG’s Progmat platform to streamline corporate settlements, reduce cross-border fees and enable interoperable tokenized

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