empty
Back Crypto-currencies
analytics6a294457b3a40.jpg
Back Crypto-currencies
Major Japanese banks to launch joint stablecoin: MUFG, Mizuho, and SMBC join forces
While markets await the crypto reaction
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
While markets await the crypto reaction to US inflation data, Japan's banking sector has taken a historic step: the country's three largest banks—MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation—announced a joint stablecoin issuance and plan to begin real commercial operations using it by March 2027. In a joint statement published on Wednesday, the banks said the stablecoin will be issued under a trust arrangement in which all three banks will act as co-founders and a trust bank or similar
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Jakub Novak,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Pavel Vlasov
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Binary Options are unavailable for trading in this region
Can't speak right now?
Ask your question in the chat.
Widget callback