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Last updated: June 17, 2025, 14:15  |  Written by: Sam Bankman-Fried

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Japan’s Largest Bank Plans to Issue Global Stablecoins

Japan’s Largest Bank Looking to Issue Global Stablecoins

Japan’s Biggest Bank MUFG To Issue Global Stablecoins

Now

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

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

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

Japan

Japan’s Biggest Bank Explores Global Stablecoin Issuance

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

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.

Top Japanese Banking Group Mitsubishi

Japan’s Largest Bank to Support Global Stablecoin Issuance

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’s Largest Bank to Unveil Global Stablecoins

Sam Bankman-Fried can be reached at [email protected].

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