Japan’s three megabanks complete joint test of yen stablecoin for cross-border payments

🇯🇵 Japan’s top 3 banks have completed a successful test of a yen-pegged stablecoin for cross-border payments. 🏦 The stablecoin aims to speed up and cut costs in international transactions between Mitsubishi Corporation’s operations. 💡 Mizuho Bank, MUFG, and SMBC could launch the new payment system in fiscal 2026, marking major progress in $JPY digitalization. Continue Reading:Japan’s three megabanks complete joint test of yen stablecoin for cross-border payments The post Japan’s three megabanks complete joint test of yen stablecoin for cross-border payments appeared first on COINTURK NEWS.