<h3 id="strong-binance-sees-a-big-chance-in-japan-s-stablecoin-market-which-could-be-worth-up-to-5-trillion-around-34-billion-strong"><strong>Binance sees a big chance in Japan’s stablecoin market, which could be worth up to ¥5 trillion (around $34 billion).</strong></h3><p>Despite its ongoing legal dispute with the U.S. Securities and Exchange Commission, <a href="https://cryptosheadlines.com/binance-market-share-hits-one-year-low-amid-regulatory-scrutiny/" rel="noopener noreferrer nofollow">Binance is looking for new chances in foreign markets</a>. They plan to <a href="https://cryptosheadlines.com/stably-introduces-stably-usd-a-new-stablecoin-for-smooth-bitcoin-trading-on-the-blockchain/" rel="noopener noreferrer nofollow">introduce stablecoins tied to USD</a>, EUR, and Japanese Yen in Japan’s growing crypto sector by 2024.</p><p><a href="https://cryptosheadlines.com/binance-labs-and-pendle-finance-partner-to-transform-defi-yields/" rel="noopener noreferrer nofollow">Binance is partnering</a> with Mitsubishi UFJ Financial Group’s trust banking division for this project. MUFG’s general manager, Takeshi Chino, mentioned that both companies are collaborating on this issuance.<a href="https://cryptosheadlines.com/binance-teams-up-with-mufg-japan-for-stablecoin-launch/" rel="noopener noreferrer nofollow"> Read More...</a></p>

Binance Teams Up with MUFG Japan for Stablecoin Launch

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