Defi
Japan's FSA Adopts Yen Stablecoin Trade-Settlement Pilot With 3 Megabanks
COINOTAG·September 29, 2026·1 min read
Japan's FSA adopted a yen stablecoin trade-settlement pilot under PIP with six firms, including Mizuho, MUFG and Sumitomo Mitsui, targeting export receivables. The initiative aims to streamline cross-border trade settlements using yen-pegged digital assets, marking a regulatory endorsement of stablecoin adoption in Japan.
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