Mitsubishi UFJ Financial Group (MUFG) has launched a #stablecoin platform called Progmat Coin, to issue and manage stablecoins pegged to the Japanese yen in a 1:1 ratio. | Mitsubishi Motors, Japanese yen
![Technology Alliance to Enable Smooth Mutual Transfer and Exchange of a Wide Variety of Stablecoins in Japan Technology Alliance to Enable Smooth Mutual Transfer and Exchange of a Wide Variety of Stablecoins in Japan](https://static.tildacdn.com/tild3937-3433-4539-b864-396164396136/soramitsu-stablecoin.png)
Technology Alliance to Enable Smooth Mutual Transfer and Exchange of a Wide Variety of Stablecoins in Japan
![MUFG's Progmat security token platform to become digital asset joint venture - Ledger Insights - blockchain for enterprise MUFG's Progmat security token platform to become digital asset joint venture - Ledger Insights - blockchain for enterprise](https://www.ledgerinsights.com/wp-content/uploads/2022/12/progmat-joint-venture-810x524.jpg)
MUFG's Progmat security token platform to become digital asset joint venture - Ledger Insights - blockchain for enterprise
![Datachain Teams Up with Mitsubishi UFJ Trust and Banking to Realize Cross-chain Settlements with Fiat-backed Stablecoin in 2024 | by Datachain | Medium Datachain Teams Up with Mitsubishi UFJ Trust and Banking to Realize Cross-chain Settlements with Fiat-backed Stablecoin in 2024 | by Datachain | Medium](https://miro.medium.com/v2/resize:fit:1400/1*DoYBS1suS1pIg9g-SjKBlQ.png)
Datachain Teams Up with Mitsubishi UFJ Trust and Banking to Realize Cross-chain Settlements with Fiat-backed Stablecoin in 2024 | by Datachain | Medium
![Datachain Teams Up with Mitsubishi UFJ Trust and Banking to Realize Cross-chain Settlements with Fiat-backed Stablecoin in 2024 | by Datachain | Medium Datachain Teams Up with Mitsubishi UFJ Trust and Banking to Realize Cross-chain Settlements with Fiat-backed Stablecoin in 2024 | by Datachain | Medium](https://miro.medium.com/v2/resize:fit:1400/1*7eexTlIPuxr8liwQpQS1Bg.png)
Datachain Teams Up with Mitsubishi UFJ Trust and Banking to Realize Cross-chain Settlements with Fiat-backed Stablecoin in 2024 | by Datachain | Medium
![MUFG's Progmat security token platform to become digital asset joint venture - Ledger Insights - blockchain for enterprise MUFG's Progmat security token platform to become digital asset joint venture - Ledger Insights - blockchain for enterprise](https://www.ledgerinsights.com/wp-content/uploads/2022/12/progmat-structure.jpg)