Japan's New Yen Stablecoin is Asia’s Only Truly Global Fiat-Pegged Token

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Japan's New Yen Stablecoin Is Asia’s Only Truly Global Fiat-Pegged Token

By CoinDesk

Japan has done what its Asian peers can’t: launch a stablecoin that can circulate globally. Japan’s JPYC announced today the world’s first yen-pegged stablecoin, a fully redeemable digital yen backed by domestic deposits and Japanese government bonds ...Read more