KlimaDAO Japan to launch carbon credit marketplace with Progmat

KlimaDAO and the Japanese stablecoin issuer may eventually trade carbon credits internationally.

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Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains

Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability company, and Toki, a cross-chain bridge, to allow the interoperation of these licensed stablecoins along several blockchains using its Progmat Coin protocol.

The post Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains appeared first on BTC Ethereum Crypto Currency Blog.

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MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform

MUFG hasn’t revealed what firms will be the first to utilize its platform, however a handful of banks have reportedly already opted for a separate stablecoin solution.

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