Japanese Yen: The growth of stable currencies other than the US dollar has seen significant growth recently. While euro-backed stablecoins made headlines following the MiCA regulation in Europe, the latest development from Japan suggests that the trend is spreading across Asia as well. Japanese logistics giant AZ-COM Maruwa Holdings announced plans to invest 1 billion yen (about $6.7 million) in a yen-backed stablecoin.
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