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Japan Considers Yen-Backed Stablecoins for Government Policy

The discussion includes a possible option to send refunds directly to digital wallets.

An unmarked shopping bag sits beside a phone with a circular icon / TokenPost.ai
An unmarked shopping bag sits beside a phone with a circular icon / TokenPost.ai

Japan is discussing the use of yen-backed stablecoins in government policy, including a possible option to send refunds directly to digital wallets.

Stablecoins are digital currencies tied to traditional fiat currencies.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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