[Levin]

Leika Kihara and Kantaro Komiya
Wed, 24 November 2021, 7:14 am


TOKYO (Reuters) - A consortium of roughly 70 Japanese firms, including the country's three mega-banks, said it aims to launch a yen-based digital currency in fiscal 2022 after beginning trials in coming months.

The digital currency, tentatively called "DCJPY", will be backed by bank deposits and use a common platform to speed up large-scale fund transfers and settlement among companies


https://www.reuters.com/business/finance...021-11-23/

[Niubee]

See. Many are running away from USA financial system...