Global banking giants including Barclays from Europe, Credit Suisse, UBS, and MUFG Bank, together announce the Utility Settlement Coin (USC) cryptocurrency to leverage instant cross-border settlements at reduced costs.
After months of speculation about its proposed release date, Japan’s largest bank, Mitsubishi UFJ Financial Group Inc. has finally announced plans to launch its long-awaited in-house digital currency.
The newly-appointed president of MUFG has announced that the bank is going to put its own cryptocurrency known as MUFG Coin to practice this year.
In this guest post, Max Hasselhoff, integration engineer from Bytecoin and long-standing crypto enthusiast, presents series 3 of Max’s Corner, in which he takes a look at some of the biggest stories happening in sphere of crypto adoption and tech growth.
Japan’s largest bank, MUFG, will collaborate with Akamai Technologies to introduce a new blockchain-based payment network in 2020.
Mizuho is launching its new stablecoin pegged to the Japanese Yen in 1:1 ration that will promote the spread of cashless digital systems in the country.
MFUG Bank is set to utilise Ripple, as it turns to cryptocurrency for a new payment service that has just been announced.
The cloud delivery platform Akamai and the financial group MUFG are developing a new blockchain-based online payment network. The technology is expected to come in the first half of 2020.
One of the largest banks in the world has announced its MUFG Coin trial which is expected to involve about 100,000 account holders.
Six of the world’s biggest banks teamed up to create a new digital currency ‘utility settlement coin’ for clearing and settling financial transactions.