TOKYO -- Japan's Orix Bank and global cryptocurrency exchange group Binance Holdings are among the companies weighing plans to issue stablecoins in Japan, moves that could lead to faster, lower-cost transactions for businesses.
Currency-linked tokens hold promise for slashing business transaction costs
Binance is among the players looking at Japan's fledgling stablecoin market. © Reuters
TOKYO -- Japan's Orix Bank and global cryptocurrency exchange group Binance Holdings are among the companies weighing plans to issue stablecoins in Japan, moves that could lead to faster, lower-cost transactions for businesses.