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JuCoin CommunityOfficial Account2025-07-31 06:26

๐Ÿ“ฃXYC officially join the JuCoin ecosystem

๐Ÿ”About XYC:

XYC is a decentralized mall protocol deployed on the JuChain public chain. Its core is to build a new mall ecosystem based on blockchain technology and supported by a trusted global location data network. It is committed to weaving a trusted global location data network.

๐Ÿ‘‰ More Detail๏ผšhttps://support.jucoin.blog/hc/en-001/articles/49300101768473?utm_campaign=ann_XYC&utm_source=telegram&utm_medium=post

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JuCoin Community

2025-07-31 06:27

๐Ÿ“ฃXYC officially join the JuCoin ecosystem

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๐Ÿ‡ฏ๐Ÿ‡ต Japan Set to Approve First Domestic Yen-Pegged Stablecoin This Fall
๐Ÿ‡ฏ๐Ÿ‡ต Japan Set to Approve First Domestic Yen-Pegged Stablecoin This Fall[{"type":"paragraph","children":[{"text":"Japan's Financial Services Agency (FSA) is preparing to approve JPYC, the country's first domestic yen-pegged stablecoin, marking a historic milestone in regulated digital finance."}]},{"type":"paragraph","children":[{"text":"๐Ÿ’ฐ What's Happening:"}]},{"type":"bulleted-list","children":[{"text":"\nTokyo-based fintech firm JPYC leads the rollout after registering as money transfer business\nFirst major outcome of Japan's proactive stablecoin law (effective June 2023)\nJPYC maintains 1:1 peg backed by bank deposits and Japanese government bonds\nSimple acquisition: purchase application โ†’ bank transfer โ†’ digital wallet tokens\n"}]},{"type":"paragraph","children":[{"text":"๐ŸŒ Market Impact:"}]},{"type":"bulleted-list","children":[{"text":"\nAlternative to dollar-dominated global stablecoin market ($286B+ industry)\nJapan joins countries with domestic fiat-pegged digital currencies\nCircle's USDC already approved for Japanese market (launched March 26)\nClear regulatory framework attracts both domestic and international players\n"}]},{"type":"paragraph","children":[{"text":"๐Ÿ“ˆ Economic Implications:"}]},{"type":"bulleted-list","children":[{"text":"\nJPYC expected to drive demand for Japanese Government Bonds (JGBs)\nCould influence bond interest rates and monetary policy\nStrategic move to capture institutional demand similar to US Treasury purchases by stablecoin issuers\nPositions Japan as leader in regulated digital finance\n"}]},{"type":"paragraph","children":[{"text":"๐Ÿ›๏ธ Regulatory Framework:"}]},{"type":"bulleted-list","children":[{"text":"\nPayment Services Act provides clear legal definition for stablecoins\nRestricts issuance to licensed entities (banks, trust companies, money transfer businesses)\nTransparent compliance path for global players\nProves framework is operational, not just theoretical\n"}]},{"type":"paragraph","children":[{"text":"๐Ÿ’ก Key Takeaway:\nJapan's proactive approach bridges traditional finance with blockchain efficiency, setting global precedent while positioning itself at the cutting edge of digital financial innovation."}]},{"type":"paragraph","children":[{"text":"Read the complete analysis: ๐Ÿ‘‡\n"},{"type":"link","url":"https://blog.jucoin.com/japan-to-approve-first-yen-pegged-stablecoin/","children":[{"text":"https://blog.jucoin.com/japan-to-approve-first-yen-pegged-stablecoin/"}]},{"text":""}]},{"type":"paragraph","children":[{"text":""},{"type":"topic","character":"JPYC","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Japan","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Stablecoin","children":[{"text":""}]},{"text":" #"}]}]