Three Major Japanese Banks Could Launch Yen-Pegged Stablecoin on MUFG’s Progmat to Modernize Corporate Settlements
Three Major Japanese Banks Could Launch Yen-Pegged Stablecoin on MUFG’s Progmat to Modernize Corporate Settlements
CoinOtag 2025-10-17 12:30:40
Japan’s largest banks are collaborating to issue a yen-pegged stablecoin using MUFG’s Progmat platform to streamline corporate settlements, reduce cross-border fees and enable interoperable tokenized payments across companies—targeted rollout before