šØ Japanās $7T Banking Giants Enter the Stablecoin Era
Japanās largest banks Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho managing over $7 trillion in assets, are preparing to jointly issue stablecoins by 2027.
Backed by Japanās Financial Services Agency, this move signals a major shift as traditional banking liquidity moves onto blockchain infrastructure.
Legacy finance is officially going on-chain. šā”