Saturday, May 18, 2024
spot_img
HomeInvestmentJapanese startup to use stablecoins and CBDC to link Asian countries By...

Japanese startup to use stablecoins and CBDC to link Asian countries By Cointelegraph

[ad_1]



Japanese blockchain startup Soramitsu is exploring new central bank digital currency (CBDC) applications with a new project on the cross-border payment system for Asian countries.

Soramitsu will deploy Cambodia’s CBDC and fiat-pegged stablecoins as part of its new payment system targeting countries like India, China, Japan and regions like Southeast Asia.