{"id":956199,"date":"2025-08-20T07:30:38","date_gmt":"2025-08-20T02:00:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=956199"},"modified":"2025-08-20T07:39:40","modified_gmt":"2025-08-20T02:09:40","slug":"japan-startup-to-issue-first-yen-pegged-stablecoin","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/20\/japan-startup-to-issue-first-yen-pegged-stablecoin\/","title":{"rendered":"Japan startup to issue first yen-pegged stablecoin"},"content":{"rendered":"<p>Japanese startup JPYC said it will issue the first stablecoin pegged to the yen later in the year after receiving a licence this week. <\/p>\n<p>The stablecoin, which will be called &#8220;JPYC&#8221;, will be fully convertible to the yen and backed by domestic savings and Japanese government bonds (JGBs), the company&#8217;s CEO Noritaka Okabe told a news conference. <\/p>\n<p>&#8220;Initially, we expect demand to come from institutional investors, hedge funds and family offices in Japan,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japanese startup JPYC said it will issue the first stablecoin pegged to the yen later in the year after receiving a licence this week. The stablecoin, which will be called &#8220;JPYC&#8221;, will be fully convertible to the yen and backed by domestic savings and Japanese government bonds (JGBs), the company&#8217;s CEO Noritaka Okabe told a news conference. &#8220;Initially, we expect demand to come from institutional investors, hedge funds and family offices in Japan,&#8221; he said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-956199","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/956199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=956199"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/956199\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=956199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=956199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=956199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}