🇯🇵💴 Japan Launches First Regulated Yen Stablecoin — JPYC Goes Live! 💫

Japan has officially rolled out its first government-regulated yen stablecoin, JPYC, under the Payment Services Act 🏦⚖️. The digital yen is 1:1 backed by cash and Japanese government bonds, ensuring strong financial stability 💰📈.

JPYC runs on Ethereum, Polygon, and Avalanche 🌐⚙️, aiming to make cross-border payments smoother and reduce transaction costs for startups 🚀💡.

The issuer, JPYC Inc., is targeting an ambitious ¥10 trillion (≈ $65B) circulation within 3 years 🎯💪.

CEO Noritaka Okabe says JPYC will help “unlock innovation and expand the digital economy” 💼💻.

This marks a major step for Japan toward bridging traditional finance and Web3 🌉🔗 and signals growing global confidence in regulated stablecoins 🌍✅.

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