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Japan Poised to Approve Pioneering Yen-Backed Stablecoin, JPYC
2025-08-18 /
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Author：小编
Later this month, Japan's Financial Services Agency will grant approval for the country's first yen-denominated stablecoin, JPYC. The issuer, fintech firm JPYC Inc., will be officially registered as a remittance business entity, paving the way for the launch of JPYC within a few weeks of completing this registration process. This digital currency is underpinned by liquid assets, including government bonds, ensuring its stability at a fixed rate of 1JPYC = 1 yen.
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