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.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Japan’s top banks plan to launch a joint yen-based stablecoin using MUFG’s Progmat platform to modernize payments and corporate settlements.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Greece Plans Crypto Capital Gains Tax: Report
Bitcoin Magazine Greece Plans Crypto Capital Gains Tax: Report Greece is planning a law to tax crypto investors’ capital gains at...
SoFi launches stablecoin card settlement on Mastercard, projecting over $25 billion a year
SoFi's stablecoin initiative could revolutionize banking by enhancing transaction efficiency, though adoption and consumer awarene...
XRPL’s $1.34 billion stablecoin base doesn’t tell us how much XRP users need
Tracked stablecoins on the XRP Ledger totaled $1.338 billion on Oct. 7. For XRP holders, the critical question is how much activit...
Wells Fargo Reportedly Talking With Kraken Parent Payward to Source Crypto Trading Liquidity
Wells Fargo is in discussions with Payward, the company that operates the Kraken exchange, about a deal that would have Payward su...
HTX Ventures Publishes New Report on the Convergence of CeFi, DeFi, and TradFi
HTX Ventures, the global investment arm of HTX, has published a new report titled The Convergence of CeFi, DeFi, and TradFi in 202...
Circle reports $14 trillion-plus in USDC activity as volume grows 151%
USDC's massive transaction volume highlights stablecoins' growing role in digital finance, but revenue reliance on interest rates...