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Japan’s first yen-backed stablecoin, JPYC, will officially launch on Monday, Oct. 27. Summary JPYC becomes the first stablecoin fully backed by the Japanese yen and government bonds. Japan’s megabanks plan to issue their own yen-based tokens to drive institutional use. Adoption challenges remain as Japan’s population continues to prefer cash transactions. This marks a major milestone in the … Read more
Japan’s largest financial institutions have joined forces to launch a stablecoin pegged to the yen and US dollar, aiming to revolutionize cross-border payments and streamline financial processes. Summary Major banks in Japan have teamed up to issue a stablecoin pegged to the Yen and the US dollar. The stablecoin will be integrated with existing financial … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4