Mitsubishi UFJ Financial Group (MUFG) has launched a #stablecoin platform called Progmat Coin, to issue and manage stablecoins pegged to the Japanese yen in a 1:1 ratio. | Mitsubishi Motors, Japanese yen
![MUFG's Progmat stablecoin is a platform, not a single bank coin - Ledger Insights - blockchain for enterprise MUFG's Progmat stablecoin is a platform, not a single bank coin - Ledger Insights - blockchain for enterprise](https://www.ledgerinsights.com/wp-content/uploads/2022/02/yen-stablecoin-810x524.jpg)
MUFG's Progmat stablecoin is a platform, not a single bank coin - Ledger Insights - blockchain for enterprise
Speee[4499]:Datachain、三菱UFJ信託銀行と技術提携を開始。ステーブルコイン基盤「Progmat Coin」を用いたデジタル証券のクロスチェーン決済を2024年までの商用化を目指す 2022年9月29日(適時開示) :日経会社情報DIGITAL:日本経済新聞
![MUFG's Progmat security token platform to become digital asset joint venture - Ledger Insights - blockchain for enterprise MUFG's Progmat security token platform to become digital asset joint venture - Ledger Insights - blockchain for enterprise](https://www.ledgerinsights.com/wp-content/uploads/2022/12/progmat-structure.jpg)
MUFG's Progmat security token platform to become digital asset joint venture - Ledger Insights - blockchain for enterprise
![Datachain Teams Up with Mitsubishi UFJ Trust and Banking to Realize Cross-chain Settlements with Fiat-backed Stablecoin in 2024 | by Datachain | Medium Datachain Teams Up with Mitsubishi UFJ Trust and Banking to Realize Cross-chain Settlements with Fiat-backed Stablecoin in 2024 | by Datachain | Medium](https://miro.medium.com/v2/resize:fit:1400/1*7eexTlIPuxr8liwQpQS1Bg.png)
Datachain Teams Up with Mitsubishi UFJ Trust and Banking to Realize Cross-chain Settlements with Fiat-backed Stablecoin in 2024 | by Datachain | Medium
![MUFG's Progmat security token platform to become digital asset joint venture - Ledger Insights - blockchain for enterprise MUFG's Progmat security token platform to become digital asset joint venture - Ledger Insights - blockchain for enterprise](https://www.ledgerinsights.com/wp-content/uploads/2022/12/progmat-joint-venture-810x524.jpg)