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Japan's Three Major Banks to Jointly Issue Stablecoin by Fiscal Year 2026
SvmuuNews: MUFG Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank plan to jointly issue a fiat-pegged stablecoin by fiscal year 2026. They will establish a dedicated discussion group to explore practical business applications and operational mechanisms. The three banks are close to reaching a basic agreement. Since November 2025, the three banks have been conducting joint stablecoin issuance pilot tests under the support of Japan's Financial Services Agency. (Nikkei)
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Source：Odaily · Source Link
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