Japans Largest Bank Looking To Issue Global Stablecoins

Last updated: June 9, 2025, 23:12

Japans Largest Bank Looking To Issue Global Stablecoins

With Japan

Mitsubishi UFJ Financial Group Inc. (MUFG), the largest bank in Japan, is currently engaged in discussions with companies involved in popular global stablecoins, as well as other firms

With Japan’s stablecoin law in place, MUFG plans to utilize its Progmat blockchain platform to create stablecoins linked to foreign currencies such as the US Dollar.

Japan’s Biggest Bank Explores Global Stablecoin Issuance

Japan’s Biggest Bank MUFG To Issue Global Stablecoins

Japan’s Largest Bank to Support Global Stablecoin Issuance

Japan’s Largest Bank Plans to Issue Global Stablecoins

Now

Now, Japan’s largest bank, Mitsubishi UFJ Financial Group [MUFG], is reportedly in talks with companies associated with prominent global stablecoins. Alongside, it

Top Japanese banking group Mitsubishi UFJ (MUFG) is reportedly holding discussions with stablecoin issuers to have them issue such tokens on the group's blockchain

MUFG, Japan’s Largest Bank, to Issue Global Stablecoin via

Japan

Japan’s Largest Bank Looking to Issue Global Stablecoins

Japan’s Largest Bank to Unveil Global Stablecoins

Japan’s new stablecoin law gives financial institutions like Mitsubishi UFJ Financial Group (MUFG) the chance to issue and mint stablecoin.

Japan’s biggest bank MUFG is in talks to issue global