12/28/2018 01:25

Release： 12/28/2018 01:25

Update： 04/08/2021 02:35

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What is the J-coin concept advocated by the Mizuho Group? The issuance of the digital currency was decided in March 2019!

Mizuho Financial Group (hereafter referred to as the Mizuho Group) decided to issue digital currency in March 2019.

According to The Nikkei, which reported on this, there are three characteristics of the digital currency issued by the Mizuho Group.

The digital currency is pegged to the Japanese yen
Can be used for payments such as shopping
Remittance fees are free

In addition, by introducing digital currency payments at stores at a level far below credit card fees,

they aim to promote adoption and spread of digital currency payments.

The Mizuho Group has been promoting the "J Coin Concept" since 2017, and on January 23, 2018, they published materials detailing the J Coin Concept.

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