will bank Mitsubishi UFJthe largest bank by assets in Japan, issued a stablecoin based on BlockchainIn partnership with the group SBI Japanese andDaiwa Securities Daiwa Securities For the immediate settlement of securities transactions.
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As this stablecoin will be pegged to the Japanese yen, it was named Progmacoinaccording to a report Nikkei.
Cryptocurrency investors have welcomed the continued rise in coin prices, as the global market capitalization has increased by 3.73 cent to 2.02 trillion dollars, and the volume of cryptocurrency trading also increased by 45.25 percent during the 24 last hour to 95.19 billion dollars, according to data Coinmarketcap.
where has been traded Bitcoin (BTC)The oldest cryptocurrency in the world, with gains 3.54 percent at 43997.51 dollars per hour 8.30 A.m.
On his part, the CEO and founder of Bitbns, Gaurav Dahake,:
“I passed Bitcoin An integrated level of 44 One thousand US dollars, and it is currently traded at 44.059.30 US dollars, with holders getting Bitcoin In the short term, it will make profits for the first time since last November.
It has also been traded Ethereum (ETH)the second largest cryptocurrency by market capitalization, with gains of 3.36 percent at 3145.33 dollar.
As for the other major currencies, they rose Cardano (ADA) in the rate of 6.13 percent at 1.23 dollar. also rose Algorand (ALGO)known as Cairo Ethereum killerin the rate of 4.55 percent at 1.07the market value is now 7.019.396.755 dollar.
Also Read: Japanese Giant SBI Holding Launches First Bitcoin and Altcoin Fund
arrow rose Binance Coin (BNB) in the rate of 2.51 percent at 434.23 dollars, while Solana (SOL) increased by 1.46 percent at 117.21 dollars, andPolkadot (DOT) in the rate of 3.01 percent at 22.67 dollar.
On the other hand, it has been an arrow SWAK (SWAK) Today’s biggest gainer, up by 2096.78 percent at 0.001707 dollars, while the biggest loser is Dogecolony (DOGECO)which decreased by 99.76 percent at 0.00000001001 dollar.
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Meme and DeFi
coin rose Dogecoin (DOGE) in the rate of 4.25 percent at 0.1661 dollars, as the ratio of its volume to market value 0.07614 Dollars, the shares also rose Shiba Inu (SHIB) in the rate of 14.64 percent at 0.0003305 dollar.
As it was traded Dogelon Mars (ELON) with a gain of 9.3 percent at 0.000001157 dollar. arrow rose Floki Inu (FLOKI) by a huge percentage 29.41 percent at 0.00006096 dollars, while shares Samoyed Coin (SAMO)increased by 17.09 percent at 0.02738 dollar.
Regarding DeFihas been traded YFI (yearn.finance) with gains of 8.24 percent at 26360.12 dollar. also rose Terra (LUNA) in the rate of 4.65 percent at 58.47 dollar.
rose Avalanche (AVAX) in the rate of 5.09 percent at 83.17 dollars, rose Uniswap (UNI) in the rate of 8.19 percent at 12.52 dollars, while Aave (AAVE)increased by 6.91 cent to 185.75 dollar.
Also Read: Business Giants Prepare In Japan To Launch NFTs And Develop Blockchain
Last updated
The stablecoin issued by a bank is similar to Mitsubishi UFJwith the central bank digital currency (CBDC) Except for one difference, as this stablecoin was released by Mitsubishi (Public Company) The digital currency will be issued to the bank CBDCby the Central Bank of Japan.
Japan is set to limit the issuance of private stablecoins for banks and financial institutions, according to the index Nikkei.
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