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© Reuters.
Megabank Mitsubishi UFJ Monetary Group (NYSE:) has introduced its stablecoin issuance platform “Progmat Coin” will quickly be utilized by banks in Japan to launch Japanese yen-pegged stablecoins on a number of public blockchains.
Japanese banks have not too long ago outlined intentions to both look into or launch stablecoins following new laws that got here into impact this month.
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