According to CoinMeta, Mitsubishi UFJ Trust Bank, Mitsubishi UFJ Bank, Sumitomo Mitsui Bank, Mizuho Bank, and TISI Corporation completed a joint issuance of yen-stabilized coins and a pilot experiment on cross-border payment optimization from July 17 to 23, 2026. This experiment, supported by the Financial Services Agency's Fintech pilot project and the Hub project for the advancement of settlement methods, verified the feasibility of a multi-bank model for jointly issuing stabilized coins and explored the application of blockchain technology in international remittances and inter-enterprise payments.