MUFG pilot program with Ginco aims to explore new stablecoin use case
Japan's MUFG and Ginco have embarked on a new pilot program centered on building a new stablecoin solution that targets to resolve issues in trade settlement in emerging markets.
Latest MUFG News
Japan’s largest bank MUFG partners with yen-backed stablecoin JPYC
JPYC will be issued via Progmat, the tokenization platform owned by MUFG, with the bank seeking to push other stablecoin services like cross-border transfers.
Japan: MUFG, Fujitsu, NTT Data form consortium decentralized identity project
Japanese firms form a consortium to develop decentralized identities with applications in finance, digital securities, the metaverse, aligning with the global digital ID trend.
MUFG to onboard Japanese banks on its stablecoin issuance platform
MUFG revealed that it would collaborate with blockchain infrastructure providers TOKI and Datachain to create a bridge to facilitate cross-chain transactions between distributed ledgers.
The Bitcoin Bridge: Is BSV the best blockchain for Islamic Finance?
Masumi Hamahira, who has pioneered Islamic Finance concepts in Japan for the past decade, says the Bitcoin SV network is perfect for powering the kinds of contracts its structures are based on.