Japan's Largest Banks Plan Joint Stablecoin Launch by March 2027
Megabanks MUFG Bank, Mizuho Bank and SMBC have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026.
Megabanks MUFG Bank, Mizuho Bank and SMBC have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026.
“I’m hesitant to lean into the stablecoin and agentic commerce narratives too much,” Chris Suh, Visa’s chief financial officer, tells Fortune.