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Resona Holdings and JCB Launch Stablecoin Settlement Proof-of-Concept in 2025

Japanese financial firms Resona Holdings and JCB plan a trial to test personal stablecoin transactions during fiscal year 2025, according to Nikkei.

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Terms & Concepts
  • Stablecoin: A cryptocurrency pegged to a stable asset, such as a fiat currency, to reduce volatility.
  • Proof-of-Concept: A preliminary project designed to test the feasibility of a concept before full-scale deployment.