Japanese banks complete stablecoin PoC
Sumitomo Mitsui Banking Corporation (SMBC), Mizuho Bank, Ltd., MUFG Bank, Ltd., Mitsubishi UFJ Trust and Banking Corporation, and TISI Inc. announced that they conducted a proof-of-concept from July 17 to July 23, 2026, in regard to joint stablecoin (SC) issuance and advanced cross-border payments (hereinafter, the “PoC”).
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