Japan's New Yen Stablecoin is distinguished as Asia’s only truly global fiat-pegged token, representing a significant innovation in the region's financial landscape. Unlike other stablecoins that may be limited in their international reach or liquidity, this particular stablecoin is designed to maintain a stable value in relation to traditional fiat currencies, offering a reliable and secure medium of exchange for users across various markets. Its global nature allows for seamless transactions and greater financial inclusivity, positioning it as a pioneering cryptocurrency that bridges the gap between conventional finance and the burgeoning digital asset ecosystem.
source: https://www.coindesk.com/markets/2025/10/27/japan-s-new-yen-pegged-stablecoin-is-asia-s-only-truly-global-token