TOKYO — The Financial Services Agency will approve the issuance of Japan’s first yen-denominated stablecoin as early as autumn, with the aim of using it for international remittances and more, Nikkei has learned.
Fintech firm JPYC aims to issue roughly $7bn of the new cryptocurrency over 3 years
Japan’s Financial Services Agency will allow JPYC to issued a cryptocurrency fully backed by the yen. (Nikkei photo composite)
TAKANOBU AIMATSU and RYUTA MINAMIHATA
August 18, 2025 00:30 JST
