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Coin Edition

2023-03-02 15:39:00

Japanese Banks Initiate Stablecoin Issuance: Proof-of-Concept Trial

Japanese Banks Initiate Stablecoin Issuance: Proof-of-Concept Trial

Three Japanese banks, including Tokyo Kiraboshi Financial Group, Minna no Bank, and The Shikoku Bank, have initiated their venture on experimenting with stablecoins on an Ethereum-compatible blockchain as an initial procedure for the issuance of stablecoins in adherence to Japanese law. In detail, the banks would issue their own stablecoins and depend on a system The post Japanese Banks Initiate Stablecoin Issuance: Proof-of-Concept Trial appeared first on Coin Edition .

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