RLUSD stablecoin launches in Japan after FSA approval
Japan runs one of the world's strictest stablecoin regimes, so clearing a foreign-issued dollar token for both institutional and retail use is a credential the rest of Asia will read closely.
Country and city adoption — BTC as legal tender, sovereign Bitcoin reserves, and big-corp first-time crypto moves.
Japan runs one of the world's strictest stablecoin regimes, so clearing a foreign-issued dollar token for both institutional and retail use is a credential the rest of Asia will read closely.
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JPYSC sidesteps the 1M yen cap that defined Japan's first generation of regulated stablecoins, and the trust-bank reserve structure puts it closer to US and European bank-issued stablecoin models…
The launch gives Japan its first yen stablecoin issued by a trust bank and the first classified as an electronic payment instrument under the Payment Services Act, putting a regulated bank entity…
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