MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform
Mitsubishi UFJ Financial Group hasn’t revealed what firms will be the first to utilize its platform; however, a handful of banks have reportedly opted for a separate stablecoin solution. Megabank Mitsubishi UFJ Financial Group (MUFG) has announced its stablecoin issuance platform “Progmat Coin” will soon be used by banks in Japan to launch Japanese yen-pegged…
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