---
title: "MUFG, SMBC and Mizuho to form council to prepare for stablecoin issuance"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289301883.md"
description: "MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins, according to CoinDesk."
datetime: "2026-06-10T09:10:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289301883.md)
  - [en](https://longbridge.com/en/news/289301883.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289301883.md)
---

# MUFG, SMBC and Mizuho to form council to prepare for stablecoin issuance

MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins, according to CoinDesk.

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