On August 26, 2026, Osaka Prefecture announced the recipients of the 'Reiwa 8 Fiscal Year Pioneering Financial Market Formation Support Subsidy.' Out of 12 applications, four projects were selected, with a total grant amount of 28.89 million yen.
Among these, three projects involve payment demonstrations using the yen-denominated electronic payment stablecoin JPYC, and the US dollar-denominated USDC. Sumitomo Mitsui Card is participating in the demonstrations on payment terminals...