Japan Introduces First Yen-Linked Digital Coin


In a groundbreaking development, Japan’s Financial Services Agency (FSA) is on the verge of endorsing the country’s inaugural yen-linked stablecoin, dubbed JPYC. This new digital currency, crafted on an Ethereum framework, aims to consistently maintain its value in alignment with the Japanese yen.

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Source: https://en.bitcoinhaber.net/japan-introduces-first-yen-linked-digital-coin