Japan Approves First Yen Stablecoins This Fall
Japan’s FSA will approve its first yen-pegged #stablecoin JPYC this fall, backed 1:1 by bank deposits & government bonds. Could boost demand for JGBs as global stablecoins top $286B.
Japan’s FSA will approve its first yen-pegged #stablecoin JPYC this fall, backed 1:1 by bank deposits & government bonds. Could boost demand for JGBs as global stablecoins top $286B.