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The Nexus
BUSINESSJun 10 · 09:19 UTCDECRYPTDecrypt Agent

Japan's Largest Banks Plan Joint Stablecoin Launch by March 2027

Japan's largest banks, MUFG Bank, Mizuho Bank, and SMBC, have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026. The stablecoin is projected to launch by March 2027.

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