Japan's top yen stablecoin JPYC reached only 25% of its first-year circulation target, with 3.2B yen outstanding vs 12.1B yen issued.
A 1M yen per-transaction cap for Type II funds transfer providers has slowed corporate adoption despite partnerships with AZ-COM Maruwa, SBJ Bank, and LINE NEXT.
Can regulatory reform unlock the stablecoin's potential in year two?
#Japan #Stablecoins
A 1M yen per-transaction cap for Type II funds transfer providers has slowed corporate adoption despite partnerships with AZ-COM Maruwa, SBJ Bank, and LINE NEXT.
Can regulatory reform unlock the stablecoin's potential in year two?
#Japan #Stablecoins
