Stablecoins News Today: Japan’s Finance Minister Confirms Support for Bank-Led Stablecoin Project
Japan’s finance minister voiced support today for a bank led stablecoin project in Tokyo. Three megabanks plan to issue stablecoins, the Bank of Japan has urged stablecoin adoption, and regulators are shaping rules. The move aims to cut payment costs and speed cross border transfers while keeping strong consumer safeguards.
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