In a significant move for Japan's financial landscape, JPYC has introduced the nation's first legally sanctioned yen-backed stablecoin, marking a pivotal step in the integration of digital currencies into the regulated financial system. The source notes that this development could pave the way for broader adoption of cryptocurrencies in the country.
Запуск стабильной монеты в Японии
Launched in October 2025, this stablecoin initiative is backed by major financial institutions, including
- MUFG
- SMBC
- Mizuho
Конкуренция в цифровой экономике
This development is particularly crucial as Japan seeks to enhance the yen's competitiveness in the digital economy, especially in the realm of cross-border transactions. By embracing stablecoins, Japan is positioning itself to adapt to the evolving financial landscape and maintain its economic relevance in an increasingly digital world.
In contrast to Japan's recent stablecoin launch, Circle has disclosed the composition of its USDC reserves, emphasizing a strategy focused on short-term US government securities. For more details, see Circle's reserves.
