The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, Project Pax, replaces correspondent banks with blockchain technology, linking it to SWIFT to allow users to initiate payments conventionally using regular banking rails. Japanese Banks Aim to Ditch Intermediaries for Blockchain-Based Stablecoin System Traditional […]
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Luisa Crawford Sep 22, 2026 18:57 Avalanche's Helicon upgrade, live on Mainnet, enhances staking flexibility, boosts transaction reliability, and refines economic incentives. ...
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