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Rose
@ahmad71
Japan’s three major banks to test cross-border stablecoin transfer platform Japan’s three megabanks — MUFG, SMBC and Mizuho — are set to trial a cross-border stablecoin transfer platform, aiming to offer faster international settlement for enterprises. The pilot test, dubbed “Project Pax,” will leverage the stablecoins issued via Progmat, a blockchain startup backed by these three banks, SBI Holdings and Japan Exchange Group, according to a Thursday press release.
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