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Japan Aims to Authorize the Release of Yen-Pegged Stablecoin
2025-08-18 /
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Author：小编
The Financial Services Agency of Japan intends to authorize the issuance of the first yen-pegged stablecoin, JPYC, this fall. This digital currency, designed for use in international remittances and other sectors, is being introduced by the fintech firm JPYC. Each JPYC will be fixed at a 1:1 conversion rate with the Japanese yen, backed by highly liquid assets including yen deposits and Japanese government bonds as reserves.
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