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What MUFG does
MUFG is exploring stablecoin issuance and settlement use cases through the Progmat platform, with Japan's megabanks planning a joint stablecoin.
Countries
1
Avg all-in fee
—
Median settle
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Chains
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Coverage matrix
Verified 10 Oct 2026 · self-reported, spot-checked
Categories
Stablecoin Issuers · #67
Use cases
infrastructurepayments
Top corridors
Not Provided
Assets
Not Provided
Chains
Not Provided
Licences
Not Provided
Local methods
SWIFT
Pricing
Filed by MUFG and cross-checked against buyer-reported transaction costs.
Under $100k / mo
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Published rate, no minimum
$100k – $250k
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Tier applied automatically
$250k – $1M
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Negotiable from here
Over $1M
-
Quoted per account
All-in costFX spread plus payout fee, nothing elseNot Provided
Payout feePer local credit, regardless of sizeNot Provided
Monthly minimumNone on any tierNot Provided
Setup or onboarding feeWaived on all plansNot Provided
FX lockHeld from quote until settlementNot Provided
Failed payoutReturned in full, no fee retainedNot Provided
◐Headline all-in fee: Not Provided
Company & financials
Funding and corporate data from public filings and disclosures. Not investment advice.
UPDATED 10 OCT 2026
Total raised
$0.0
Latest round
-
Headcount
-
Founded
2005
Japan
Funding history
Not Provided
Corporate
Legal entityMUFG
RegisteredJapan
EmployeesNot Provided
AuditNot Provided