Japan’Mitsubishi UFJ Financial Group, the largest bank in MUFG), is in talks for a global stablecoin issuance.
Japan‘in stablecoinof the law June 1 With the entry into force on its date, steps started to come from the institutions. Banking giants continue their research on digital assets. Japan’s largest bank MUFG, on the blockchain stablecoinIt is working on exporting.
Stablecoin Step From Japan’s Largest Bank
Mitsubishi UFJ Financial Group, Japan’s largest bank MUFG), blockchainAnd stablecoin continues its work. The bank is pursuing a stablecoin that will be used globally.
MUFGVice President of Product Tatsuya Saitoblockchain platform in the bank’s stablecoin works progmatHe stated that he used SaitoHe stated that talks are continuing to use US dollar and many foreign currency stablecoins globally.
Saito pointed out that stablecoin issuers or users can feel safe. Also, Saito was interviewed by MUFG. stablecoindid not disclose its issuers.
The bank’s plans include serving its customers through a globally established stablecoin network. JapanThe steps of the biggest bank of Turkey in this context have not yet been fully concluded.
