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CryptoBullishThe Block · 3h ago7/10
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Japan’s three megabanks to debut live stablecoin transactions by March 2027

Japan's three largest banks—MUFG, Mizuho, and SMBC—have established a council to develop operational frameworks for stablecoin issuance, with live transactions expected by March 2027. This initiative represents a significant institutional pivot toward blockchain-based digital currency infrastructure in one of the world's largest economies.

Japan’s three megabanks to debut live stablecoin transactions by March 2027