How TradFi banks are advancing new stablecoin models

Latest FSA supports three megabanks in issuing joint stablecoin project in Cryptocurrency

Blockchain technology Home » Regulation » FSA supports three megabanks in issuing joint stablecoin project Japan’s major banks collaborate on blockchain payments as regulatory approval clears path for stablecoin use in international commerce. Key Takeaways Japan’s Financial Services Agency (FSA) has endorsed a stablecoin initiative involving the country’s three biggest banks: Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and M…

How TradFi banks are advancing new stablecoin models - WorldNL Magazine

Traditional finance institutions across the US, Europe and Asia are moving into stablecoins now that regulatory uncertainties are easing.Payment companies like PayPal, Mastercard and Visa are either launching stablecoins, integrating stablecoin settlement into payment systems or building the infrastructure to support them.The race is not limited to corporations but is also developing at the banking level. In early October, a group of major inter…

How TradFi banks are advancing new stablecoin models

Stablecoins are shifting from crypto-native experiments to instruments embedded in existing banking and payment infrastructure.