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Japan's megabanks test stablecoin payouts on export receivables in the FSA's fourth pilot
Japan's FSA cleared a fourth stablecoin pilot, letting four banks, TradeWaltz and NTT Data pay exporters for receivables in a bank-issued coin. Only the exporter's sale of the receivable to its bank is in scope, so collection from the importer stays on letters of credit and paper.
Publishers:cryptopolitan.com
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