Why Japan’s Stablecoin Push May Be the Most Practical Crypto Story in the World Right Now

07-Apr-2026 Bitcoin.com

Japan’s biggest financial institutions are quietly dismantling the correspondent banking system using stablecoins, and the infrastructure is already live. Key Takeaways: Japan’s Payment Services Act, revised in June 2023 and updated through 2026, created the world’s strictest stablecoin issuer rules. Project Pax, backed by MUFG, SMBC, and Mizuho, targets 1 trillion yen in B2B stablecoin […]

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