{
  "id": 14960423,
  "title": "Japanese banks complete stablecoin PoC",
  "url": "https://urgent.news/2026/10/16/japanese-banks-complete-stablecoin-poc",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T12:51:00.000Z",
  "source": {
    "name": "Finextra",
    "slug": "finextra",
    "url": "https://www.finextra.com/pressarticle/111311/japanese-banks-complete-stablecoin-poc"
  },
  "original_language": "en",
  "account": null,
  "summary": "Sumitomo Mitsui Banking Corporation (SMBC), Mizuho Bank, Ltd., MUFG Bank, Ltd., Mitsubishi UFJ Trust and Banking Corporation, and TISI Inc. announced that they conducted a proof-of-concept from July 17 to July 23, 2026, in regard to joint stablecoin (SC) issuance and advanced cross-border payments (hereinafter, the “PoC”).",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}