Japan’s ‘Tochika’ Revolution: Leading the Charge in Deposit-Backed Stablecoins

In a groundbreaking move, Hokkoku, a notable Japanese regional bank, has spearheaded the launch of ‘Tochika‘, the nation’s inaugural stablecoin underpinned by bank deposits. This innovative step is stirring discussions among cryptocurrency aficionados in Japan, sparking debates over its potential benefits and drawbacks, alongside the stablecoin’s practical utility. The inception of the Tochika...

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