News with the tag "Progmat"

DMM Group and Progmat have announced a collaborative effort to conduct a joint study on the issuance of a new stablecoin under the regulations.

The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well.

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

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 ...

Mitsubishi UFJ has launched its highly functional stablecoin issuance platform called Progmat Coin in its bid to deepen Web3 access The post MUFG Unveils Progmat Coin to Promote Cross-Blockchain Stablecoin appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

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.