Japan Debuts Yen-Peaked Stablecoin to Boost Digital Payments
Tokyo-based fintech firm JPYC has launched Japan’s first yen-pegged stablecoin, backed by bank deposits and government bonds as the country races into the digital-asset era.
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Stripe-Backed Tempo Raises $500M at $5B Valuation in Stablecoin Push
Tempo, a Stripe-backed blockchain startup focused on stablecoin payments, raised $500 million in a Series A round led by Thrive Capital and Greenoaks, valuing the firm at $5 billion.