{"id":"tp-11494","type":"article-newspaper","title":"Hokkoku Bank Pioneers with ‘Tochika’: Japan's First Deposit-Backed Stablecoin","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/11494","datePublished":"2024-04-02T02:18:30.000Z","dateModified":"2024-04-02T02:18:30.000Z","language":"en","abstract":"Hokkoku Bank has set a new benchmark in Japan's financial sector by launching 'Tochika', the country's first stablecoin secured by bank deposits. This strategic move aims to enhance digital currency utility and foster…","section":"Business","references":[{"title":"Coingape","url":"https://coingape.com/stablecoin-news-japan-bank-launches-first-deposit-backed-tochika/"},{"title":"Hokkoku","url":"https://www.hokkokubank.co.jp/other/news/2024/pdf/20240401a.pdf"},{"title":"cryptocurrency","url":"https://coingape.com/bank-of-japan-mulls-first-rate-hike-in-17-years-what-it-means-for-bitcoin-and-crypto/"},{"title":"Microsoft Bing","url":"https://www.bing.com/images/create/hokkoku-bank-pioneers-with-e28098tochikae280993a-japan27s-firs/1-660adfe75a444c839f75f700d53ee73b?id=7QJsUjBPXlHhbT4tFEQojA%3d%3d&view=detailv2&idpp=genimg&thId=OIG2.eJgM6Cq0DLGCennYoZ6m&FORM=GCRIDP&mode=overlay"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}