Japanese Megabank Mitsubishi UFJ to Launch Stablecoin Issuance Platform in 2024

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Japanese Megabank Mitsubishi UFJ to Launch Stablecoin Issuance Platform in 2024

The Japanese banking giant Mitsubishi UFJ says it will launch a cross-chain stablecoin issuance and interoperability platform next year.
In an official Mitsubishi UFJ announcement, the firm stated that it would work with a Tokyo-based company named Datachain to “build cross-chain infrastructure for stablecoins.”
Mitsubishi UFJ began piloting the project back in March….
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