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Japan to greenlight first yen-based stablecoin

cryptonews100_tggfrn by cryptonews100_tggfrn
August 17, 2025
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Japan to greenlight first yen-based stablecoin
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Fintech agency JPYC goals to concern roughly $7bn of the brand new cryptocurrency over 3 years

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Japan’s Monetary Companies Company will enable JPYC to concern a cryptocurrency absolutely backed by the yen. (Supply images by Nikkei)

TAKANOBU AIMATSU and RYUTA MINAMIHATA

August 18, 2025 00:30 JST

TOKYO — The Monetary Companies Company will approve the issuance of Japan’s first yen-denominated stablecoin as early as autumn, with the goal of utilizing it for worldwide remittances and extra, Nikkei has discovered.





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