Japan's 3 Megabanks to Jointly Issue Stablecoins
Tomas Kauer - News Writer and Moderator 
Tokyo, Oct. 18 (Jiji Press)--Japan's three megabanks are planning to jointly issue corporate-use stablecoins pegged to legal tender like the yen and the dollar, aiming to promote their use in the country. MUFG Bank, Sumitomo Mitsui Banking Corp. and Mizuho Bank intend to issue the stablecoins under a unified standard for use in corporate fund settlements, people familiar with the matter said...
