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Three major banks including Mitsubishi UFJ will jointly issue stablecoins for Mitsubishi Corporation to use for payment
According to Foresight News, according to Nikkei, Japan’s Bank of Mitsubishi UFJ, Sumitomo Mitsui Financial Group and Mizuho Bank will jointly issue stablecoins. The stablecoins will first be provided by Mitsubishi Corporation for settlement services and used for payment by Mitsubishi Corporation.
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