Daily Market Updates: Japan's top yen stablecoin falls short of its target in a disappointing first year

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At close · Tue, Oct 27, 2026

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Japan's top yen stablecoin falls short of its target in a disappointing first year

Reported · Written up by our desk · Bitcoin

CEO Noritaka Okabe blamed a 1 million yen per-transaction cap for Type II funds transfer providers, which has slowed corporate adoption.

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Sources

CoinDeskJapan's top yen stablecoin falls short of its target in a disappointing first year

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