MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins. Japan's largest banks said they will issue jointly issue a stablecoin by March 2027. MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins. Three of Japan's largest banks said they will jointly issue a stablecoin this financial year, which ends in March. Mitsubishi UFJ Financial Group (MUFG)…
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