Three Japanese Banks, together with Web3 infrastructure provider GU Technologies, will launch stablecoins compatible with the Ethereum (ETH) blockchain.
GU Technologies released a press release on March 2, Tokyo Kiraboshi Financial Group, Minna no Bank and The Shikoku Bank with the Japanese complies with financial regulations stablecoins to the issuance aimed at a proof-of-concept system (PoC) announced their launch.
The infrastructure company said in a statement that initially issuance and electronic payments stating that tests will be carried out for private companies and local governments will also attend comprehensive He stated that the tests are planned to be carried out.
GU Technologies said in a statement, a stablecoin for each bank while expressing that it will be removed Payment Services Act stated that it will be carried out within the scope of stablecoins metamask like Ethereum wallets with compatible The information that it will take place was among the details given by the infrastructure provider.