Japan’s three megabanks, Mizuho, MUFG and SMBC, announced on October 16 that they successfully completed a joint yen stablecoin pilot for cross-border payments, conducted in July. This test points to a new model for bank-issued digital money. Real transactions are targeted for fiscal year 2026. The project could transform cross-border payment infrastructure in Japan.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
