Sign in

Member Benefits

Get Demands

View Business Cards

Exclusive Service

Noble Identity

AS LOW AS 1.5U /DAY

MUFG's Progmat Coin to be Used by Japanese Banks for Yen-Pegged Stablecoins on Multiple Blockchains

Share

支付动态

2023-06-03

MUFG's Progmat Coin to be Used by Japanese Banks for Yen-Pegged Stablecoins on Multiple Blockchains.

c25819aaf08b5df4f35dacb328a47b89.jpg


Japanese banks are planning to launch Yen-pegged stablecoins on public blockchains using Megabank Mitsubishi UFJ Financial Group's (MUFG) stablecoin issuance platform, Progmat Coin. The move comes after new regulations were introduced in June 2022, prohibiting the issuance of stablecoins by non-banking institutions. MUFG's Progmat Coin will facilitate the issuance of bank-backed stablecoins on Ethereum, Polygon, Avalanche, and Cosmos, with more networks to be added in the future. The bank's blockchain tech and security partners are building a bridge to enable cross-chain transactions, lending, and swaps between the supported blockchains, with the infrastructure expected to launch in Q2 2023.
















o游戏需求资源高效对接 o精准触达游戏供应商 o免费发布业务需求

欢迎加入 Huidu.io出海遊戲項目交流社區:@HUIDU_SQ

商务合作: @HDDanny @HDYoyi  @HDseven777 

会员充值: @HDFreya  @HDmax933 @HDElira

媒体合作: @HDmax933  @Huidu852

Disclaimer:
Find resources on HuiDu official website. Please pay attention to verify theaccuracy or completeness of the information when browsing and using this website. HuiDu (www.huidu.io) will never be liable for any loss of any nature due to damage caused by the unavailability ofwebsite information. o organization or individual may modify or illegally use the content of thissite in any way. Further, you a
Details

Please Play Responsibly:

Casino Games Disclosure: Select casinos are licensed by the Malta Gaming Authority. 18+