Astar co-founder: JPYStableCoin, a yen stablecoin, will be launched within a few months

Foresight News reports that Sota Watanabe, CEO of Startale and co-founder of Astar Network, stated on X that the first bank-backed Japanese yen stablecoin, JPYStableCoin, will officially launch within a few months. He said, "The goal of this stablecoin is to use the yen to invest in the fastest-growing assets, such as US stocks, and achieve fully on-chain operations."