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Japan’s largest banks team up to bring stablecoins to Cosmos. | ICO Drops - ICO News & Alerts

Japan’s largest banks team up to bring stablecoins to Cosmos.

TOKI, a cross-chain bridge provider and partner of Progmat, will be working with Noble, a token issuance protocol, to bring fully collateralized Japanese stablecoins to the Cosmos ecosystem.

Progmat is a project launched by Mitsubishi UFJ Trust and Banking (MUFG) — the largest bank in Japan, and has the support of over 200 Japanese companies including major banks such as SMBC and Mizuho.

https://blockworks.co/news/japan-stablecoins-to-cosmos