Why Binance and Banking Giant MUFG Want to Issue Stablecoins in Japan
Binance’s Japan unit on Monday said it’s working with financial giant Mitsubishi UFJ Trust and Banking Corporation (MUTB) on developing stablecoins.MUTB and Binance Japan are running a joint study on issuing stablecoins pegged to sovereign currencies like the yen that comply with local laws – but the stated goal is driving Web3 adoption in the