#BankBackedCoin

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

Japan’s ‘Tochika’ Revolution: Leading the Charge in Deposit-Backed Stablecoins
By Andrej Kovacevic 02nd Apr 2024
Japan’s ‘Tochika’ Revolution: Leading the Charge in Deposit-Backed Stablecoins
Cryptocurrency
Cryptocurrency

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. Unveiling ‘Tochika’: A Leap Towards Digital Currency…

By Andrej Kovacevic 2nd April 2024

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