🚨 JUST IN: 🇯🇵 Japan’s three largest banks MUFG, SMBC, and Mizuho — have successfully completed a joint test of a yen-backed stablecoin for international payments.
The trial tested how digital yen tokens could be issued, transferred, and redeemed, with a focus on cross-border payments between businesses in Japan and their overseas offices.
The goal? Make international payments more efficient using blockchain technology.
Traditional finance and digital assets are getting closer.
$USDT $USDC
The trial tested how digital yen tokens could be issued, transferred, and redeemed, with a focus on cross-border payments between businesses in Japan and their overseas offices.
The goal? Make international payments more efficient using blockchain technology.
Traditional finance and digital assets are getting closer.
$USDT $USDC