Progmat
Native Cosmos issuance via Noble
Several Japan Regulated Stablecoins (USD/JPY)
Progmat, a joint venture supported by trusted Japanese financial institutions such as Mitsubishi UFJ Financial Group, is preparing to provide a stablecoin platform. This platform will enable companies and institutions to issue their own stablecoins in compliance with Japanese legislation. TOKI is collaborating with Progmat to ensure these stablecoins are interoperable through IBC and bring these stablecoins to Noble.