CoinScoopJapan's FSA Supports Stablecoin Trade Settlement Pilot
The Financial Services Agency (FSA) of Japan announced on September 29 that it will support a pilot program utilizing stablecoins for trade settlements. Six companies, including NTT Data, TradeWaltz, and three major Japanese banks (Mizuho Bank, Mitsubishi UFJ Bank, and Sumitomo Mitsui Banking Corporation), are participating in the initiative.
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