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Japan PIP Stablecoin Experiment Backed by Financial Services Agency

Moussa by Moussa
November 9, 2025
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Japan PIP Stablecoin Experiment Backed by Financial Services Agency
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Japan PIP Stablecoin Experiment Backed by Financial Services AgencyJapan’s Financial Services Agency backs a PIP stablecoin experiment with multiple banks. Japan’s Financial Services Agency (FSA) announces support for the Payment Innovation Project (PIP) stablecoin experiment beginning November 2025 in Japan, involving Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation, Mitsubishi Corporation, Mitsubishi UFJ Trust and Progmat, Inc.; the FinTech Proof-of-Concept Hub launched PIP […]



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