Top Japanese Banks Test Cross-Border Stablecoin Transfers
MUFG Bank, Mizuho Financial Group, and SMBC, three of the largest financial institutions in Japan, plan to test cross-border stablecoin payments by utilizing SWIFT’s API. As part of “Project Pax,” a collaborative effort between Progmat and Datachain, three of the biggest financial institutions in Japan, Mitsubishi UFJ Financial Group, Mizuho Financial Group, and Sumitomo Mitsui […]