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.
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Japan: MUFG stablecoin platform gets support from Mizuho bank
MUFG's Progmat Coin, with support from Mizuho, seeks to revolutionize settlements in Japan's payment ecosystem with lower costs and enhanced security amid rising stablecoin initiatives.
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.