International

ITCEN and JPYC Launch Joint Research on Japan–Korea Stablecoins

JPYC Co., Ltd., which handles the Japanese yen stablecoin "JPYC", is pleased to announce that it will commence joint research in the stablecoin field  with ITCENGLOBAL CO., Ltd., a major Korean IT company. This initiative aims to be an opportunity to explore the possibilities for the future development of Japan-Korea stablecoins. As countries around the world move forward with the development of systems related to digital assets, including stablecoins, Japan has established a legal framework for stablecoins and has begun full-scale efforts aimed at practical operation. Meanwhile, in South Korea, there is also a great deal of interest in the digital asset field, including stablecoins and RWAs (Real World Assets) backed by real assets such as gold, and the government and related organizations are conducting studies and discussions to design…