VEX AS REWARDS

Last updated: June 16, 2025, 13:36  |  Written by: Brock Pierce

Vex As Rewards
Vex As Rewards

Mitsubishi Ufj Financial Group Inc

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

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

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

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

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With Japan

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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

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

Brock Pierce can be reached at [email protected].

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