Japan Blockchain Foundation Eyes EJPY Launch This Year To Support Large-Scale Payments Without Remittance Limits
Japan Blockchain Foundation plans to launch a yen-backed stablecoin called EJPY on Japan Open Chain and Ethereum for business payments, remittances and digital asset settlements. The project uses a trust-based structure without Japan’s 1 million yen transfer cap, as more Japanese firms and banks push into stablecoins.
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