Mitsubishi Corporation will use JPMorgan's blockchain service to enable instant cross-border remittances.

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ME News message, March 31 (UTC+8), Mitsubishi Corporation plans to connect to JPMorgan Chase’s blockchain payments platform in the near future, becoming the first Japanese company to use this service. The platform supports instant international fund transfers, and JPMorgan Chase is also leveraging this opportunity to promote its blockchain payment products to more Japanese companies. In this context, Japanese financial institutions’ efforts to expand into blockchain and stablecoins continue to accelerate. Major banks such as Mitsubishi UFJ and Mizuho are testing Japanese yen stablecoins, and Japanese regulators are also considering approving cryptocurrency ETFs for listing as early as 2028. (Source: ChainCatcher)

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