Japan launches its first yen-pegged Stablecoin: A turning point in the digital finance era
After years of preparation and regulatory groundwork, the launch of JPYC marks a pivotal step in Japan’s effort to modernize its financial system and build a transparent, resilient digital economy. Stablecoins – cryptocurrencies backed by real-world assets, in this case the yen – serve as a bridge between traditional finance (TradFi) and decentralized finance (DeFi)….