Defi
Japan's top yen stablecoin falls short of its target in a disappointing first year
CoinDesk·October 27, 2026·1 min read
Japan's top yen stablecoin missed its first-year target, with CEO Noritaka Okabe blaming a 1 million yen per-transaction cap for Type II funds transfer providers. The cap slowed corporate adoption, contributing to the shortfall. The stablecoin's performance fell short of expectations in its debut year.
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