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World’s Fifth Largest Bank MUFG to Put Stablecoin to Practical Use in 2019


Japan’s Mitsubishi UFJ Financial Group (MUFG) has revealed that it will finally be putting its digital currency MUFG coin to practical use this year. The token will run on the bank’s own blockchain, a result of years of effort to introduce the benefits of blockchain to payments systems.

The token, which was first conceptualised in 2016 and experienced development in 2017, is intended for digital payments in the retail space. Read More...

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