Japan's Big Three banks are diving into stablecoins, and this time it's not just a pilot program. MUFG, SMBC, and Mizuho are making it clear—starting from the fiscal year 2026, they're going all in with compliant old money. This means more compliant collateral assets and on-chain liquidity for public chains like Ethereum; the fundamentals are not just pie-in-the-sky. Finally, someone is stepping up to fill the gap for yen stablecoins in both CEX and DeFi. #stablecoin #japan $ETH