Japan’s leading bank Mitsubishi UFJ Financial Group (MUFG), plans to issue global stablecoins tied to foreign currencies (including the United States dollar). The financial giant will mint the coins through its Progmat platform. As Japan’s stablecoin law went live on June last year, authorized money transfer agents and banks can offer fiat-backed stablecoins. The latest The post Japan’s largest bank MUFG to issue stablecoins tied to foreign currencies appeared first on Invezz .
