Avalanche Gains Momentum as Progmat Launches Dedicated L1 for Japan’s $2B+ RWAs
Japan’s largest security token platform is migrating more than $2 billion in real estate and corporate bonds from…
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progmat
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Japan Big 3 banks’ stablecoin trial gets regulatory green light
Japan’s FSA has approved a stablecoin trial by Mizuho, MUFG, and Sumitomo Mitsui; the three intend to launch…
‘JPYC’ could become Japan’s first local stablecoin
JPYC has already issued a prepaid digital asset, but wants to use the regulatory changes in Japan to…
Digital bonds surged 260% in 2024, hit €3 billion: Report
Europe’s AFME found that entities such as the Swiss National Bank and the ECB contributed to the rise…
WEF highlights tokenization’s transformative impact
The World Economic Forum published a report justifying the popularity of tokenization globally as financial institutions and enterprises…
Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments
The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the…
Progmat, DMM partner to introduce stablecoin for Seamoon Protocol
The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its…
MUFG pilot program with Ginco aims to explore new stablecoin use case
Japan’s MUFG and Ginco have embarked on a new pilot program centered on building a new stablecoin solution…
Japan’s largest bank MUFG partners with yen-backed stablecoin JPYC
JPYC will be issued via Progmat, the tokenization platform owned by MUFG, with the bank seeking to push…
Circle Explores Expansion in Asia, Eyes Japanese Market for Stablecoin Issuance
Coinspeaker Circle Explores Expansion in Asia, Eyes Japanese Market for Stablecoin Issuance Circle, the company that issues USDC…