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Japan's Megabanks Forge Yen-Backed Stablecoin by 2027

MUFG, Mizuho, and SMBC form joint council to issue yen stablecoin under trust model, leveraging regulatory framework and $7T assets.

#Japan #Stablecoin #Yen #MUFG #Mizuho #SMBC #CryptoRegulation #PaymentInnovation