Japan Set to Launch First Yen-Backed Stablecoins in Fall 2025

TLDR Japan is preparing to launch its first fully collateralized yen-backed stablecoins later this year Monex Group and JPYC are leading efforts to create yen stablecoins for international remittances and settlements JPMorgan is committing up to $500 million to crypto-friendly hedge fund Numerai Bank of Japan is expected to raise interest rates in Q4 2025, [...]

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