TOKYO -- Mizuho Financial Group will join a stablecoin platform being developed by Mitsubishi UFJ Financial Group, in a major boost to a framework still being developed that aspires to replace the conventional trade finance network, Nikkei has learned.
Cryptocurrencies
Japan's megabank Mizuho joins MUFG's stablecoin platform
Digital platform to be launched next year promises lower trade finance costs
Two of Japan's megabanks will work together implementing a digital currency platform that could debut next year.
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