@georgienne
Japanese TradFi giant eyes stablecoin launch with Ava Labs, Fireblocks
Sumitomo Mitsui aims to modernize cross-border payments by launching a fiat-backed stablecoin on Avalanche with Ava Labs and Fireblocks.
Japanese TradFi giant Sumitomo Mitsui Financial Group announced plans to launch a fiat-backed stablecoin on the Avalanche network in collaboration with US-based Ava Labs and blockchain infrastructure firm Fireblocks.
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