Japanese Megabank Mitsubishi UFJ to Launch Stablecoin Issuance Platform in 2024
The Japanese banking giant Mitsubishi UFJ says it will launch a cross-chain stablecoin issuance and interoperability platform next year. In an official Mitsubishi UFJ announcement, the firm stated that it would work with...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
In an official Mitsubishi UFJ announcement, the firm stated that it would work with a Tokyo-based company named Datachain to “build cross-chain infrastructure for stablecoins.”
Mitsubishi UFJ began piloting the project back in March....
Read More: Japanese Megabank Mitsubishi UFJ to Launch Stablecoin Issuance Platform in 2024
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
US Treasury proposes rules for stablecoin issuance and sales under GENIUS Act
US Treasury proposed GENIUS Act rules defining when stablecoins are issued or sold in the US and setting standards for foreign iss...
U.S. Treasury Unveils GENIUS Act Stablecoin Rules With 2027 Licensing Deadline Ahead
Key Takeaways: The Treasury proposed rules to implement the GENIUS Act for payment stablecoins. U.S. issuers will typically have t...
Will Mark Cuban eat his words with his newest crypto prediction?
On Saturday afternoon, Mark Cuban posted another crypto prediction, “Chips as an asset class will be the new crypto.” Within a day...
Deel Takes Its DLUSD Stablecoin Wallet to More Than 80 Countries
Deel said on Aug. 17 that its DLUSD stablecoin wallet is live in more than 80 countries, 11 weeks after a launch limited to Argent...
Bitcoin’s Final 929,465 BTC Will Take More Than a Century to Mine
Bitcoin has already produced about 20.07 million BTC since it launched in January 2009. At block height 962570, roughly 929,465 bi...
Omnichain Launchpad Printr Shuts Down, Cancels Token Launch And Airdrop
Printr, a token launchpad that deployed assets across eight chains from one interface, said Monday it has begun winding down and w...