Japan’s First Yen-Backed Stablecoin Launches With 0% Fees

Japanese startup JPYC has launched the first stablecoin pegged to the yen, backed by domestic savings and Japanese government bonds. JPYC Is The First Yen-Backed Stablecoin In The World JPYC announ...

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Japan’s First Yen-Backed Stablecoin Launches With 0% Fees

Source: Bitcoinist.com

Japanese startup JPYC has launched the first stablecoin pegged to the yen, backed by domestic savings and Japanese government bonds. JPYC Is The First Yen-Backed Stablecoin In The World JPYC announced on Monday the launch of its yen-backed stablecoin, also called “JPYC.” A stablecoin is a cryptocurrency pegged to a fiat currency, and at present, […]