---
title: "MUFG, Mizuho, And SMBC Plan Shared Stablecoin Issuance Before End Of Fiscal Year 2026"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289352139.md"
description: "MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corp. (SMBC) have agreed to issue a shared stablecoin before the end of fiscal year 2026. According to NS3.AI, the three banks plan to establish a governance council before live transactions begin. The report noted that Japan’s fiscal year ends in March 2027."
datetime: "2026-06-10T15:35:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289352139.md)
  - [en](https://longbridge.com/en/news/289352139.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289352139.md)
---

# MUFG, Mizuho, And SMBC Plan Shared Stablecoin Issuance Before End Of Fiscal Year 2026

MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corp. (SMBC) have agreed to issue a shared stablecoin before the end of fiscal year 2026. According to NS3.AI, the three banks plan to establish a governance council before live transactions begin. The report noted that Japan’s fiscal year ends in March 2027.

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