Binance and MUFG collaborate to pioneer stablecoin launch in Japan

In a groundbreaking move, Binance, the global cryptocurrency exchange titan, has announced its plans to venture into Japan’s burgeoning stablecoin market. The company’s ambitious vision sees the potential of the market reaching a staggering ¥5 trillion ($34 billion). This move comes amidst Binance’s ongoing legal tussle with the U.S. Securities and Exchange Commission. However, undeterred…