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JinseFinanceSony Bank is launching a stablecoin pegged to the Japanese Yen in collaboration with the Layer 2 Ethereum blockchain, Soneium. This move aims to lower transaction costs and boost Japan's digital asset market, while other leaders like Justin Sun explore gas-free stablecoin solutions.
AnaisReported by Reuters on July 20, this move aligns with the increasing global trend among central banks to delve into the development of digital versions of their currencies for retail use.
CoinliveThe Mitsubishi UFJ Financial Group, Datachain, and Solamitsu are working on making the Progmat Coin, a Yen-backed stablecoin, interoperable.
BeincryptoSeveral banks will stress test a digital yen for more than two years.
OthersAn innovation on the Bitcoin Lightning Network (LN) could shelter users from the price volatility of BTC by providing access to dollars.
CointelegraphBoth cryptocurrencies and stocks faced more pain on May 6, as traders saw no signs of easing the rally so far.
CointelegraphThe official introduction of Cointelegraph France is taking place at the Paris Blockchain Week Summit, a flagship European blockchain event.
Cointelegraph