Japan’s Largest Deposit Holder to Issue Something Similar to Stablecoin

Japan Post Bank plans to introduce a digital deposit currency leveraging DCJPY for security token settlements. The aim is to enhance financial infrastructure efficiency and explore broader applications across the Japanese economy. According to Nikkei, Japan Post Bank is preparing to introduce a digital deposit currency for its account holders by 2026. DCJPY Exchange Rate Pegged at 1 Yen The initiative will use DCJPY, developed by DeCurret DCP under the Internet Initiative Japan (IIJ) Group, to settle digital securities and other financial products source: https://beincrypto.com/japan-post-bank-plans-dcjpy-rollout-in-2026/