Author:Crescent Editor:Colin Wu 1. Japan’s Weekly Summary 1.1 MUFG, Japan’s Largest Bank, to Issue Local Bank-backed Stablecoins on Multiple Public Blockchains link On June 3rd, according to Ledger Insights, MUFG, Japan’s largest bank, announced that its Progmat Coin solution will issue a local bank-backed stablecoin on multiple public blockchains, including Ethereum, Avalanche, Cosmos, and Polygon. This initiative is in its early stages, and the exact timeline for the release has not been determined yet.
Asia's weekly TOP10 crypto news (May 29 to Jun 4)
Asia's weekly TOP10 crypto news (May 29 to…
Asia's weekly TOP10 crypto news (May 29 to Jun 4)
Author:Crescent Editor:Colin Wu 1. Japan’s Weekly Summary 1.1 MUFG, Japan’s Largest Bank, to Issue Local Bank-backed Stablecoins on Multiple Public Blockchains link On June 3rd, according to Ledger Insights, MUFG, Japan’s largest bank, announced that its Progmat Coin solution will issue a local bank-backed stablecoin on multiple public blockchains, including Ethereum, Avalanche, Cosmos, and Polygon. This initiative is in its early stages, and the exact timeline for the release has not been determined yet.