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Cryptocurrency Cointelegraph

Japan’s major banks back new stablecoin project for global trade

Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Japan’s major banks back new stablecoin project for global trade

Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20.

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 Cointelegraph

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