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Japan’s New Yen Stablecoin is Asia’s Only Truly Global Fiat-Pegged Token

Japan’s New Yen Stablecoin is Asia’s Only Truly Global Fiat-Pegged Token

2025-10-27

With the yen freely convertible and backed by Japan’s deep government bond market, JPYC’s launch stands apart from the region’s onshore-only experiments in Korea, Taiwan, and beyond.

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