Three largest Japanese banks to subject stablecoin pegged to yen and greenback

Three largest Japanese banks to subject stablecoin pegged to yen and greenback<p>Japan's three largest banks, MUFG Financial institution, Sumitomo Mitsui Banking Corp., and Mizuho Financial institution, will collectively subject a stablecoin. It’ll initially be denominated in Japanese Yen, with plans for a US greenback model.</p>