Mitsubishi Corp. First to Implement Bank-Backed Stablecoin

[kevin1]

Mitsubishi Corp. will be the first to use the yen-pegged stablecoin for internal settlements, covering dividends, acquisitions, and customer transactions. With over 240 global subsidiaries, the company expects the move to streamline international transfers while cutting fees and administrative burdens.

[alex10]

A major corporate entry like Mitsubishi signals real-world confidence in blockchain finance.

[Nahid10]

Bank-backed stablecoins mark a turning point for secure digital payments in Asia.

[Swipe]

Mitsubishi adopting a yen-pegged stablecoin is huge, real corporate use cases like this could finally bridge blockchain and traditional finance.