Tag: JPYC

Quick Breakdown  JPYC becomes Japan’s first fully yen-backed stablecoin, supported by bank deposits and government bonds. JPYC EX platform enables secure, regulated issuance and redemption under Japan’s AML laws. The move positions Japan for increased stablecoin competition and potential regulatory expansion in crypto investments. JPYC debuts Japan’s first yen-pegged Stablecoin ...

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 ...