Japan’s Top Yen Stablecoin Misses Target in Disappointing First Year
Key Highlights: JPYC’s interest revenue model faces pressure from regulatory transaction caps that restrict the circulation of its yen-pegged stablecoin. Corporate adoption has been slowed by Japan’s Type II funds-transfer rules, forcing major corporate partners like software firm Asteria to accumulate JPYC holdings in installments. Founder Noritaka Okabe is targeting a tenfold circulation increase to ...