Japan’s stablecoin boom reveals a two track market

Japan’s stablecoin market is heating up, with a number of new partnerships forming around the country’s first yen-backed stablecoin. Banks and major businesses are now piloting both yen- and dollar-backed stablecoins for real world payments. But a clear split is taking shape. While USD stablecoins dominate global transactions, yen-backed coins are being positioned as a […] source: https://www.cryptopolitan.com/japan-stablecoin-boom-two-track-market/