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Jordan Kerridge: Japan to introduce EJPY trust-backed yen stablecoin for payments
Jordan Kerridge reports that Japan is set to launch EJPY, a new trust-backed yen stablecoin aimed at real-world applications such as B2B payments and remittances.
According to Kerridge, the move is expected to support broader crypto adoption within Japan.
Kerridge has previously covered major shifts in the crypto sector. He reported that Ethereum validators rapidly increased their unstaking activity, with the queue rising 72,000 percent in two weeks. In an earlier piece, he noted that a Robinhood executive viewed Hyperliquid as a fundamentally different business within crypto.
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