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Japan's Banking Troubles Could Give Yen Stablecoin a Boost
JPYC CEO Noritaka Okabe (@noritaka_okabe) expects demand for the yen-pegged stablecoin to rise as banks face service disruptions.
His comments follow GMO Aozora Net Bank's suspension of certain banking API services. The bank detected unauthorized communications.
ethereum:0xe7c3d8c9a439fede00d2600032d5db0be71c3c29 is a regulated stablecoin issued by a company registered as a Funds Transfer Service Provider in October 2025.
Source: The Block
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