Mitsubishi UFJ, Mizuho and Sumitomo Mitsui will collaborate on a yen-pegged stablecoin to support corporate settlements under Japan's new digital currency rules, according to Nikkei via Reuters.
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Mitsubishi UFJ Financial Group, Mizuho Financial Group, Sumitomo Mitsui Financial Group
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Progmat Coin
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Coinbase Business is launching a new B2B payments suite of tools designed to make USDC, a U.S. dollar-backed stablecoin, as easy to move as sending an
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Global payments provider Euronet will integrate Fireblocks' digital asset infrastructure to power cross-border settlement flows using regulated stablecoins across its Dandelion network.
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Euronet Worldwide, Fireblocks
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Chinese tech giants pause stablecoin plans after Beijing steps in: FT
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Financial Times reporting relayed by The Economic Times says Chinese regulators told major tech platforms to halt stablecoin pilots while authorities firm up oversight around yuan-linked tokens.
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