Japanese mega banks to jointly issue yen-pegged stablecoin: Report

Japan’s top banks plan to launch a joint yen-based stablecoin using MUFG’s Progmat platform to modernize payments and corporate settlements.
Source: Japanese mega banks to jointly issue yen-pegged stablecoin: Report (https://cointelegraph.com/news/japan-mega-banks-stablecoin-mitsubishi-progmat?utm_source=rss_feed&utm_medium=rss%3F_rnd%3Dn5ey0z%26vfff%3D1760795294&utm_campaign=rss_partner_inbound)