Japan’s First Yen-Backed Stablecoin Poised For Approval This Fall
Japan’s Financial Services Agency (FSA) is preparing to approve the country’s first Yen-denominated stablecoin. This will be the first time a domestically issued, fully collateralized Yen stablecoin is expected to go live at national scale. Japan’s stablecoin can be approved and launched as early as this autumn. Furthermore, Tokyo-based fintech JPYC is set to lead … Read more