top of page

JAPAN'S LARGEST BANKS WILL JOINTLY ISSUE STABLECOINS BY MARCH 2027

  • NEWS Desk Global
  • Jun 10
  • 1 min read

Japan's three largest banks said on Wednesday they will jointly issue stablecoins during ​the current fiscal year ending in March ‌2027, a sign of growing momentum for digital payments in a country where cash and credit cards remain ​popular.

The banking arms of Japan's three largest ​financial groups - Mitsubishi UFJ Financial Group, Sumitomo ⁠Mitsui Financial Group and Mizuho Financial Group - will ​set up a council to examine operational frameworks ​and prepare for the issuance, they said in a statement.

Comments

Commenting on this post isn't available anymore. Contact the site owner for more info.
bottom of page