Major Japanese banks back stablecoin platform for cross-border settlements
Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank are supporting the initiative, according to a recently published official...
.Sep 6, 2024
Milk Road
Japan’s Major Banks to Test Cross-Border Stablecoin Transfer Platform
Japan's top three banks—MUFG, SMBC, and Mizuho—are collaborating on "Project Pax," a stablecoin cross-border payments.
.Sep 6, 2024
Ledger Insights
DBS, JP Morgan, Mizuho test FX PvP DLT solution on Partior
Singapore's Partior announced it completed a proof of concept for FX payment versus payment (PvP) settlement using its blockchain network.
.Jul 5, 2024
Finextra Research
Japanese banks pilot stablecoin-based cross-border payments
Japanese banks MUFG, SMBC and Mizuho are participating in a pilot using stablecoins and the Swift network for cross-border payments.
.Sep 10, 2024