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tldr; Japan is advancing its stablecoin initiatives with regulated yen tokens under strict laws, aiming to enhance financial sovereignty and reduce reliance on the US dollar and China's digital yuan. Key players like JPYC, SMBC, and SBI VC Trade are leading the charge, supported by legal reforms in 2023 and 2025. Japan Post Bank plans to issue deposit tokens by 2026, while JPYC is launching a licensed platform. The strategy combines fintech, banks, and regulators to create a compliance-first model, positioning Japan as a leader in Asia's digital finance landscape. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
You've missed it. There's JPYC and EURC. Issued by circle as well, same issuer as USDC. If you're American, then makes sense that you missed them because there's really not much opportunities for you to deal with those currencies.
tldr; The article provides an overview of Japanese cryptocurrencies, including utility tokens like $TROB and $YOOL, stablecoins such as GYEN and JPYC, and governance tokens like $TSUGT. It highlights blockchain-based games like Captain Tsubasa Rivals, which use tokens for gameplay and governance. Other tokens include CAICA COIN for GameFi, Kana Labs' KANA for trading, and stablecoins like JPYW and DCJPY for digital payments. Additionally, it mentions asset-backed cryptocurrencies like ZipangCoin linked to gold, silver, and platinum prices. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.