Stablecoin News: Japan's Top Banks Plan Joint Stablecoin Launch, Nikkei Reports

Japan's Top Banks to Jointly Issue Stablecoin, Nikkei Says

Japan's banking titans join forces for planned stablecoin launch - report (MUFG:NYSE)

Japanese banking giants Mitsubishi UFJ Financial Group (MUFG) (MBFJF), Sumitomo Mitsui Financial Group (SMFG) (SMFNF) and Mizuho Financial Group (MFG) (MZHOF) are looking to jointly issue a stablecoin, according to a Friday media report.

Stablecoin News: Japan's Top Banks Plan Joint Stablecoin Launch, Nikkei Reports

Japan's Mitsubishi UFJ, Sumitomo Mitsui and Mizuho Financial Groups aim to create a shared framework for stablecoin issuance and transfer, the Nikkei reported.

Japan's Top Banks Plan Joint Stablecoin Launch, Nikkei Reports

The post Japan’s Top Banks Plan Joint Stablecoin Launch, Nikkei Reports appeared on BitcoinEthereumNews.com. Japan’s three largest banking groups are reportedly planning to jointly launch a stablecoin as institutional interest in blockchain-based digital money grows. According to a Friday report from the Nikkei, Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group and Mizuho Financial Group will create a shared framework for is…

Japan's Banking Giants Unite to Launch Joint Stablecoin: A New Era for Digital Finance

October 17, 2025, marks a pivotal moment in the global financial landscape as Japan’s leading banking institutions reportedly prepare to jointly issue a groundbreaking stablecoin. This collaborative effort, detailed by Nikkei, signifies a profound shift in how traditional finance views and integrates digital assets, promising to usher in a new era of efficiency and innovation across interbank settlements, retail payments, and potentially cross-b…