Japan’s Corporate Stablecoin Launch 🏦
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Starting this month, Japan’s top financial institutions will begin issuing payment stablecoins.
Built on MUFG’s Progmat platform.
Aims to improve convenience for users and innovate the local financial landscape.
Users will be protected and informed, according to the regulator.
The move follows JPYC’s launch of Japan’s first yen-backed stablecoin, showing growing momentum for digital payments.
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Corporate-backed stablecoins could reshape how enterprises manage liquidity.

