UPDATED FRI 16 OCT · 12:32 UTCLIVE
CryptoMedium

Apple iPhone Duo Sells Out; Japanese Yen Stablecoin Pilot Completes

Apple's iPhone Duo sold out within minutes of pre-orders opening, while Japanese banking giants completed a landmark yen stablecoin cross-border payments pilot.

What we know

An account on X reports Apple's iPhone Duo pre-order inventory sold out almost immediately, with delivery dates slipping to November 16–23. Another account on X adds the caveat that limited initial stock may explain the rapid sellout. On the stablecoin side, @TheBlockCo reports that Mizuho, MUFG, and SMBC completed a joint yen stablecoin pilot with Mitsubishi UFJ Trust, verifying issuance, transfer, and redemption in a cross-border payment scenario — a significant step for institutional crypto adoption in Japan.

Sources

@TheBlockCo

“Mizuho, MUFG, and SMBC completed a joint yen stablecoin pilot verifying cross-border payment processes”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.