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Cryptocurrencies: 30228
Markets: 111263
Market Cap: $2,738,971,865,941     
24h Vol: $79,675,624,835
cryptonews 2023-03-02 21:18:00

Japanese Banks to Trial Stablecoins on High-Speed Blockchain – How Does it Work?

Japanese Banks to Trial Stablecoins on High-Speed Blockchain – How Does it Work?
Banks in Japan are starting a trial for issuing fully compliant stablecoins on an ultra-fast but largely centralized blockchain known as the Japan Open Chain. The bank trials will be the first experiment with stablecoins in Japan that is fully compliant with local laws, a press release sent out on Thursday said. For now, the trial involves the three Japanese banks Minna no Bank, Tokyo Kiraboshi Financial Group, and Shikoku Bank, with each bank set to issue its own stablecoin.... Read More: Japanese Banks to Trial Stablecoins on High-Speed Blockchain – How Does it Work?
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