Japan’s 3 Biggest Banks Join Forces to Launch Yen Stablecoin by March 2027

Japan’s 3 Biggest Banks Join Forces to Launch Yen Stablecoin by March 2027

12.04
A scattered pile of Japanese yen banknotes featuring multiple denominations spread across a surface.Japan’s three largest banks announced plans Wednesday to jointly issue a yen-pegged stablecoin and begin live commercial transactions before March 2027, a direct move to build domestic digital payment rails as USD-denominated stablecoins hold an estimated 84% to 90% of the $300+ billion global market. Banks Sign MOU, Form Governance Council MUFG Bank, Mizuho Bank, […]

source https://news.bitcoin.com/japans-3-biggest-banks-join-forces-to-launch-yen-stablecoin-by-march-2027/


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