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Japan's Big Three Banks Launch a Joint Yen Stablecoin by March 2027

MUFG, Mizuho, and SMBC announced a joint yen stablecoin targeting real transactions by March 2027. Here's what the FSA-backed trust model means for Asia.

By Hamza Ahmed

Article overview

MUFG, Mizuho, and SMBC announced a joint yen stablecoin targeting real transactions by March 2027. Here's what the FSA-backed trust model means for Asia.

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