Japan plans to approve the issuance of Japanese yen stablecoins this autumn According to Nihon Keizai Shimbun, the Financial Services Agency of Japan plans to approve the issuance of the first stable currency anchoring yen assets as early as this autumn for international remittance and other fields. Tokyo fintech company JPYC is expected to complete the registration of a currency transfer operator within this month. At present, the total value of global stablecoins in circulation is about 250 billion US dollars, with most anchored in US dollar assets.