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Japan’s Monex Group considers launching yen-pegged stablecoin

Tokyo-based Monex Group is weighing the launch of a yen-pegged stablecoin, with its chairman, Oki Matsumoto, citing the need to keep pace in digital finance.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Japan’s Monex Group considers launching yen-pegged stablecoin

Tokyo-based Monex Group is weighing the launch of a yen-pegged stablecoin, with its chairman, Oki Matsumoto, citing the need to keep pace in digital finance.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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