Mitsubishi UFJ, a Japanese megabank, partnering with a crypto exchange to develop a stablecoin platform. The bank is working with Bitbank, one of Japan’s largest crypto exchanges. The goal is to create a stablecoin-powered settlements platform for crypto firms. The platform is expected to launch in 2024. The article also discusses the potential benefits of stablecoins, such as their ability to provide stability and reduce volatility in the cryptocurrency market. Stablecoins are pegged to a fiat currency, such as the US dollar, and are backed by reserves of that currency. This makes them less volatile than other cryptocurrencies, such as Bitcoin.
LIVE
Mkt Cap $2.30T
BTC Dom 56.68 %
BTC
$65,034.00
▲ +0.20%
ETH
$1,919.11
▲ +0.10%
USDT
$0.99937
▲ +0.00%
BNB
$601.56
▲ +1.50%
USDC
$0.999612
▲ +0.00%
XRP
$1.04
▲ +1.80%
SOL
$76.21
▲ +3.10%
TRX
$0.328641
▲ +0.50%
FIGR_HELOC
$1.00
▼ -2.60%
HYPE
$55.13
▲ +1.40%
DOGE
$0.070995
▲ +1.60%
USDS
$0.999966
▲ +0.00%
RAIN
$0.01266
▼ -0.40%
LEO
$9.71
▼ -0.50%
ZEC
$510.22
▼ -0.60%
ADA
$0.200414
▼ -0.20%
XMR
$381.57
▲ +2.60%
WBT
$56.24
▲ +0.20%
LINK
$8.34
▲ +1.60%
XLM
$0.165217
▲ +2.00%
DAI
$0.999952
▲ +0.00%
BCH
$216.27
▼ -0.10%
USD1
$0.999432
▲ +0.00%
USDE
$0.999572
▲ +0.00%
GRAM
$1.36
▲ +0.80%
Mkt Cap $2.30T
BTC Dom 56.68 %
BTC
$65,034.00
▲ +0.20%
ETH
$1,919.11
▲ +0.10%
USDT
$0.99937
▲ +0.00%
BNB
$601.56
▲ +1.50%
USDC
$0.999612
▲ +0.00%
XRP
$1.04
▲ +1.80%
SOL
$76.21
▲ +3.10%
TRX
$0.328641
▲ +0.50%
FIGR_HELOC
$1.00
▼ -2.60%
HYPE
$55.13
▲ +1.40%
DOGE
$0.070995
▲ +1.60%
USDS
$0.999966
▲ +0.00%
RAIN
$0.01266
▼ -0.40%
LEO
$9.71
▼ -0.50%
ZEC
$510.22
▼ -0.60%
ADA
$0.200414
▼ -0.20%
XMR
$381.57
▲ +2.60%
WBT
$56.24
▲ +0.20%
LINK
$8.34
▲ +1.60%
XLM
$0.165217
▲ +2.00%
DAI
$0.999952
▲ +0.00%
BCH
$216.27
▼ -0.10%
USD1
$0.999432
▲ +0.00%
USDE
$0.999572
▲ +0.00%
GRAM
$1.36
▲ +0.80%
BTC
$65,034.00
▲ +0.20%
ETH
$1,919.11
▲ +0.10%
USDT
$0.99937
▲ +0.00%
BNB
$601.56
▲ +1.50%
USDC
$0.999612
▲ +0.00%
XRP
$1.04
▲ +1.80%
SOL
$76.21
▲ +3.10%
TRX
$0.328641
▲ +0.50%
FIGR_HELOC
$1.00
▼ -2.60%
HYPE
$55.13
▲ +1.40%
DOGE
$0.070995
▲ +1.60%
USDS
$0.999966
▲ +0.00%
RAIN
$0.01266
▼ -0.40%
LEO
$9.71
▼ -0.50%
ZEC
$510.22
▼ -0.60%
ADA
$0.200414
▼ -0.20%
XMR
$381.57
▲ +2.60%
WBT
$56.24
▲ +0.20%
LINK
$8.34
▲ +1.60%
XLM
$0.165217
▲ +2.00%
DAI
$0.999952
▲ +0.00%
BCH
$216.27
▼ -0.10%
USD1
$0.999432
▲ +0.00%
USDE
$0.999572
▲ +0.00%
GRAM
$1.36
▲ +0.80%
Mkt Cap $2.30T
BTC Dom 56.68 %
BTC
$65,034.00
▲ +0.20%
ETH
$1,919.11
▲ +0.10%
USDT
$0.99937
▲ +0.00%
BNB
$601.56
▲ +1.50%
USDC
$0.999612
▲ +0.00%
XRP
$1.04
▲ +1.80%
SOL
$76.21
▲ +3.10%
TRX
$0.328641
▲ +0.50%
FIGR_HELOC
$1.00
▼ -2.60%
HYPE
$55.13
▲ +1.40%
DOGE
$0.070995
▲ +1.60%
USDS
$0.999966
▲ +0.00%
RAIN
$0.01266
▼ -0.40%
LEO
$9.71
▼ -0.50%
ZEC
$510.22
▼ -0.60%
ADA
$0.200414
▼ -0.20%
XMR
$381.57
▲ +2.60%
WBT
$56.24
▲ +0.20%
LINK
$8.34
▲ +1.60%
XLM
$0.165217
▲ +2.00%
DAI
$0.999952
▲ +0.00%
BCH
$216.27
▼ -0.10%
USD1
$0.999432
▲ +0.00%
USDE
$0.999572
▲ +0.00%
GRAM
$1.36
▲ +0.80%
