Delve into 'Project Pax' and the broader strategic intent of Japan’s megabanks to launch their own stablecoins for cross-border corporate payments. This session examines the motivations, technical implementation, and regulatory implications of a private-sector yen stablecoin. We will discuss its potential to disrupt traditional correspondent banking, offer instant settlement, and solidify Japan’s position at the forefront of the digital currency landscape for global commerce.
