Japan's three largest banks complete first cross-border stablecoin payment test in FSA-backed pilot


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INTEL: Japan's three largest banks Mizuho, MUFG and SMBC complete a joint trial of yen stablecoin payments for Mitsubishi Corporation's cross-border transactions
🇯🇵 NEW: Japan’s Mizuho, MUFG and SMBC announce completion of a joint yen stablecoin pilot testing cross-border payments for Mitsubishi Corporation.
JUST IN: 🇯🇵Japan’s largest banks, Mizuho, MUFG and SMBC, complete a joint yen stablecoin pilot for Mitsubishi Corporation’s cross-border payments. This is MASSIVE! 🚀
🚨𝗝𝗨𝗦𝗧 𝗜𝗡: 🇯🇵 Japan’s three largest banks, Mizuho, MUFG and SMBC, have completed their first cross-border stablecoin payment test in a pilot for Mitsubishi Corporation.
THE BLOCK: Mizuho, MUFG, and SMBC have completed a joint yen stablecoin pilot with Mitsubishi UFJ Trust and TISI. The test verified issuance, transfer, and redemption processes in a cross-border payment scenario involving Mitsubishi Corporation's Japanese and overseas locations,…
Japan’s Mizuho, MUFG, and SMBC have completed a joint yen stablecoin pilot to test cross-border payments for Mitsubishi Corporation.
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