The Japan Times CENTER (0.0) Reliability: 7.5/10

Japan's top three banks to jointly issue stablecoins

✍️ No Author 📅 October 18, 2025 12:00 AM 🕐 Scraped: October 18, 2025

Summary: MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank intend to issue the stablecoins under a unified standard for use in corporate fund settlements.

Japan's three megabanks are planning to jointly issue corporate-use stablecoins pegged to legal tender like the yen and the dollar, aiming to promote their use in the c

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October 18, 2025 at 12:00 AM

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