Japan Approves First Yen-Pegged Stablecoin Backed by Circle
Japan’s Financial Services Agency (FSA) is set to approve the nation’s first yen-backed stablecoin, orchestrated by Tokyo-based fintech JPYC with investment from Circle, the global stablecoin leader behind USDC. The formal regulatory green light is expected to occur this fall, positioning Japan as a major player in global digital finance ...
