Digital Yen Goes Live: Japan Enters the Global Stablecoin Race

Story Highlights* Japan launches JPYC, the first yen-backed stablecoin with global usability and strong regulatory backing.

  • JPYC earns yield from government bonds, offering stability without relying on risky trading or speculation.
  • The digital yen could rival dollar stablecoins, enabling real-time USD/JPY on-chain trading worldwide.
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