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by: xpoolPosted on: October 17, 2025

Japan’s Banks Launch Yen-Pegged Stablecoin by Year-End 2025

Three of Japan’s largest banks have joined forces to issue a stablecoin pegged to the Japanese yen, aiming to revolutionize corporate payments across the nation. The project, spearheaded by Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Bank, is set to launch by year-end 2025.

Related posts:

  1. SMBC Partners with Ava Labs to Issue Stablecoins in Japan
  2. SMBC Set to Launch Stablecoin Project in Collaboration with Avalanche
  3. Sumitomo Mitsui to Launch Fiat-Pegged Stablecoin in Japan
  4. Sumitomo Mitsui Launches Stablecoin with Ava Labs, Revolutionizing Cross-Border Payments
Blockchain Japan Stablecoin

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