Mitsubishi UFJ Trust and Banking Corporation plans to introduce Japanese stablecoins to Cosmos

ChainCatcher News, Japan's banking giant Mitsubishi UFJ Trust and Banking's stablecoin platform Progmat will collaborate with cross-chain bridge provider TOKI and token issuance protocol Noble to bring a fully collateralized yen stablecoin into the Cosmos ecosystem. Noble is expected to launch the yen stablecoin in spring 2024. Additionally, TOKI itself will launch its mainnet in the fourth quarter of this year. (Source link)