日本大型銀行涉足穩定幣：數字金融新時代？

日本領先的銀行正在推出日元和美元支持的穩定幣，標誌著數字金融和全球支付的重大轉變。獲取內幕消息！

Japan's Mega-Banks Dive into Stablecoins: A New Era for Digital Finance?

日本大型銀行涉足穩定幣：數字金融新時代？

Hold on to your hats, folks! Japan's about to shake up the digital finance world. The country's three biggest banking groups – MUFG, SMBC, and Mizuho – are teaming up to launch a bank-issued stablecoin backed by both the Yen and the US Dollar. It's like the financial future just showed up at our doorstep, bearing gifts of efficiency and innovation.

各位，請戴好你們的帽子！日本即將撼動數字金融世界。該國三大銀行集團——三菱日聯金融集團（MUFG）、三井住友銀行（SMBC）和瑞穗銀行（Mizuho）正在聯手推出一種由銀行發行的由日元和美元支持的穩定幣。這就像金融的未來剛剛出現在我們家門口，帶來了效率和創新的禮物。

A Shared Digital Cash Rail for Enterprises

企業共享數字現金軌道

These mega-banks, serving over 300,000 domestic corporate accounts, aren't messing around. They're building a shared digital cash rail designed to speed up payments and slash administrative costs for inter-company transfers. Think of it as a super-fast, super-efficient highway for money.

這些為超過 30 萬個國內企業賬戶提供服務的大型銀行並沒有閒著。他們正在建立一個共享的數字現金軌道，旨在加快支付速度並削減公司間轉賬的管理成本。把它想像成一條超快、超高效的金錢高速公路。

Mitsubishi Corporation is set to be the first to put this stablecoin to work across its 240+ subsidiaries. That's a big deal, giving the pilot program instant scale and real-world testing.

三菱公司將成為第一個在其 240 多家子公司中使用這種穩定幣的公司。這是一件大事，讓試點項目能夠立即規模化並進行實際測試。

Progmat: The Regulated Blockchain Backbone

Progmat：受監管的區塊鍊主幹

This isn't some fly-by-night crypto operation. The issuance will happen on MUFG's Progmat platform, a regulated blockchain stack purpose-built for bank-grade tokens. Progmat's architecture is designed to meet Japan's strict stablecoin laws, allowing parallel issuance across multiple blockchains like Ethereum, Polygon, Avalanche, and Cosmos. It emphasizes standardized interfaces and regulatory controls.

這不是一些不可靠的加密操作。此次發行將在 MUFG 的 Progmat 平台上進行，這是一個專為銀行級代幣構建的受監管的區塊鏈堆棧。 Progmat 的架構旨在滿足日本嚴格的穩定幣法律，允許跨以太坊、Polygon、Avalanche 和 Cosmos 等多個區塊鏈並行發行。它強調標準化接口和監管控制。

Project Pax: Bridging SWIFT and Blockchain

Project Pax：橋接 SWIFT 和區塊鏈

But wait, there's more! These same banks are also backing Project Pax, connecting SWIFT's legacy messaging rails with blockchain settlement on Progmat. This allows banks to send traditional SWIFT instructions while the actual clearing happens on-chain in the background. It's like putting a rocket booster on an old-school system, making cross-border payments faster and smoother.

但是等等，還有更多！這些銀行還支持 Pax 項目，將 SWIFT 的傳統消息傳遞軌道與 Progmat 上的區塊鏈結算連接起來。這使得銀行可以發送傳統的 SWIFT 指令，而實際清算則在後台進行。這就像在老式系統上安裝了火箭助推器，讓跨境支付更快、更順暢。

Japan's Regulatory Edge

日本的監管優勢

Japan's been ahead of the curve, bringing dedicated stablecoin regulations into force in mid-2023. This clarity has allowed incumbents to experiment within defined guardrails, positioning Japan as a leader in digital asset innovation. The financial regulator has even authorized the country’s first fully compliant Yen-denominated stablecoin.

日本走在了前面，於 2023 年中期實施了專門的穩定幣法規。這種明確性使得現有企業能夠在規定的範圍內進行試驗，使日本成為數字資產創新的領導者。金融監管機構甚至批准了該國第一個完全合規的以日元計價的穩定幣。

Global Implications

全球影響

Japan's move comes amid a global shift toward bank-issued stablecoins. European banking coalitions are working on a Euro-linked instrument, and South Korea and Hong Kong are finalizing their own rules. It seems the world is waking up to the potential of regulated, bank-backed stablecoins.

日本此舉正值全球轉向銀行發行的穩定幣之際。歐洲銀行聯盟正在製定與歐元掛鉤的工具，韓國和香港正在敲定自己的規則。世界似乎正在​​​​意識到受監管、銀行支持的穩定幣的潛力。

The Future is Here (and It's Stable)

未來就在這裡（而且是穩定的）

With the total stablecoin float above $300 billion and mostly dollar-denominated, Japan’s Yen issuance could kick off currency diversification in institutional settlement networks. Japan's showing us that bank custody, blockchain finality, and regulatory supervision can coexist at scale.

由於穩定幣總流通量超過 3000 億美元，且大部分以美元計價，日本的日元發行可能會啟動機構結算網絡的貨幣多元化。日本向我們展示了銀行託管、區塊鏈最終確定性和監管監督可以大規模共存。

A Personal Take

個人看法

As someone who's been watching the crypto space for years, this feels like a watershed moment. The combination of traditional banking infrastructure and blockchain technology could unlock a new era of financial efficiency and accessibility. It's not just about faster payments; it's about building a more inclusive and innovative financial system. Japan's initiative proves that regulated banks—rather than crypto-native issuers—are building national-currency stablecoins.

作為多年來一直關注加密貨幣領域的人，這感覺就像是一個分水嶺時刻。傳統銀行基礎設施和區塊鏈技術的結合可以開啟金融效率和可及性的新時代。這不僅涉及更快的支付；還涉及更快的支付速度。這是關於建立一個更具包容性和創新性的金融體系。日本的舉措證明，受監管的銀行（而不是加密貨幣原生髮行人）正在構建本國貨幣穩定幣。

So, What's Next?

那麼，下一步是什麼？

Keep your eyes on Japan. They might just be paving the way for the future of finance. And who knows, maybe one day we'll all be settling our bills with Yen-backed stablecoins. One can dream, right?

繼續關注日本。他們可能只是為金融的未來鋪平道路。誰知道呢，也許有一天我們都會用日元支持的穩定幣來結算我們的賬單。人是可以做夢的，對吧？