Rising Japanese rates and a stronger yen threaten carry trades and could pressure crypto markets despite easing U.S. policy.

Japanese fintech JPYC Inc. recently revealed that it has introduced the nation’s legally recognized yen-denominated stablecoin, called JPYC (with trading starting this Monday). JPYC Inc. stated that ...

Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.

Japanese firm JYPC launched the first regulated yen-pegged stablecoin. The peg is fully guaranteed by yen bank deposits and Japanese Government Bonds (JGBs). The launch of the yen stablecoin could ...

TOKYO (Reuters) -Japanese startup JPYC said it will issue the first stablecoin pegged to the yen later in the year after receiving a licence this week. The stablecoin, which will be called "JPYC", ...

Rising yields and yen strength threaten to unwind the decades-old yen carry trade, sparking global deleveraging in equity and ...

Japan’s Financial Services Agency (FSA) is preparing to approve the issuance of Japanese yen-denominated stablecoins as early as this fall, marking the first time the country will allow a domestic ...

Japanese bond yields jumped to 1.86%, potentially unwinding the yen carry trade and draining liquidity from crypto and global markets.