TOKYO -- Tokyo-based fintech firm JPYC began issuing its yen-pegged stablecoin on Monday, with the arrival expected to serve as a test of whether digital currency can take hold in Japan.
JPYC stablecoin reaches $98,000 in issuances during first three hours

JPYC CEO Noritaka Okabe speaks in Tokyo on Oct. 27. (Photo by Takanobu Aimatsu)
TOKYO -- Tokyo-based fintech firm JPYC began issuing its yen-pegged stablecoin on Monday, with the arrival expected to serve as a test of whether digital currency can take hold in Japan.