PolicyCoinDeskabout 1 hour ago
Japan's Top Yen Stablecoin Misses Year One Target
3 min read
Japan's JPYC stablecoin reached only 3.2 billion yen in circulation against a 12.1 billion yen target by Oct. 23. CEO Noritaka Okabe blamed a 1 million yen per-transaction cap for Type II funds transfer providers. Circulation briefly hit 4.2 billion yen in September before falling back to 3 billion yen.
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