The world's first stablecoin pegged to the Japanese yen launched in Japan
Japanese startup JPYC announced that it will begin issuing a stablecoin that can be fully exchanged for Japanese yen, supported by domestic savings and Japanese government bonds. According to a report by Nikkei News earlier this month, Japan's three major banks will also jointly issue a stablecoin. Risk warning and disclaimer: The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investing based on this is at one's own risk
Japanese startup JPYC announced that it will begin issuing a stablecoin that can be fully redeemed for Japanese yen, supported by domestic savings and Japanese government bonds. According to a report by Nikkei News earlier this month, Japan's three major banks will also jointly issue a stablecoin.
Risk Warning and Disclaimer
The market carries risks, and investment should be approached with caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk
