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Wu Blockchain (@WuBlockchain): Japan’s three major banks—MUFG, Sumitomo Mitsui, and Mizuho—are collaborating to launch a stablecoin pegged to the Japanese yen and US dollar. This in…

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Japan’s three major banks—MUFG, Sumitomo Mitsui, and Mizuho—are collaborating to launch a stablecoin pegged to the Japanese yen and US dollar. This initiative aims to facilitate seamless cross-border settlements, with Mitsubishi Corporation serving as the first application scenario. The three banks collectively have over 300,000 major business partners. https://t.co/CLnNZ0IgJg

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