Japan’s Largest Banks Eye FY2026 Stablecoin Rollout Amid Regulatory Push
As Japanese monetary authorities push to develop the yen-based digital asset market, three megabanks have superior their joint stablecoin plans by establishing a council to develop the framework for issuing the token this fiscal yr. Megabanks Advance Joint Stablecoin Plans The three largest Japanese banks, Mitsubishi UFJ Financial Group (MUFG) Bank, Sumitomo Mitsui Banking Corp.,…