Japan plans to approve JPYC stablecoin, aiming to issue 1 trillion yen within three years According to Japanese media reports, the Financial Services Agency of Japan plans to approve the issuance of the Japanese yen stablecoin "JPYC" by JPYC this autumn, which can be used for international transfers, corporate payments, and DeFi asset management. JPYC aims to issue 1 trillion yen within three years, attracting the attention of hedge funds, family offices, and other institutions, or for use in arbitrage trading and other scenarios.