Tag Archives: Yen

MUFG – the Fifth Largest Bank of the World Will Launch a Stablecoin

The Mitsubishi UFJ Financial Group (MUFG) has announced that it will launch a stablecoin this year. As reported by Cointelegraph Japan, the banking group will release the MUFG Coin later this year. Stablecoin With Yen 1:1 Yen Backing MUFG is the largest financial group in Japan and will likely be the first Japanese bank to […]

Yen Overtakes US Dollar In Bitcoin Pairing

From the onset of Bitcoin in 2008 and other Cryptocurrencies in the following years, the US Dollar has been the most preferred fiat pairing for BTC and other Cryptocurrencies. According to Coinhills, a Crypto evaluation, and data monitoring site, the Japanese Yen has replaced the US Dollar as the most traded fiat pair for Bitcoin. Market […]