Tag: yen-backed stablecoin

Japan's three largest banks — MUFG, SMFG, and Mizuho Financial Group — plan to launch a yen-backed stablecoin with support from the country's Financial Services Agency, marking one of the ...

JPYC Inc. has launched Japan's first fully regulated yen-backed stablecoin, beating the country's three largest banks to market in what analysts are calling a 'race for digital yen dominance.' The ...