SMBC partners with Ava Labs and Fireblocks
Description
SMBC announced a Memorandum of Understanding (MOU) with Ava Labs, Fireblocks, and TIS to launch a fiat-pegged stablecoin by 2026, aiming to create a regulatory-compliant blockchain infrastructure for settling tokenized financial and real-world assets in Japan.
Publish date
Apr 2, 2025 - 12:00am