Japan to Launch EJPY Stablecoin for Payments and Remittances - HOKANEWS.COM — 2026-05-13

## Short Segments Japan's enterprise-led blockchain is set to issue a yen stablecoin for B2B settlements, marking a significant step in digital currency infrastructure. Grupo Salinas partners with Anchorage Digital to enhance cross-border payments using stablecoin technology. Bitwise CIO highlights the GENIUS Act's impact on crypto fundraising, with the Clarity Act poised as the next catalyst. And Korean won stablecoin KRWQ expands to Solana, boosting on-chain liquidity. Japan’s enterprise-led blockchain to issue yen stablecoin for B2B settlements. The Japan Blockchain Foundation is advancing its plans to issue the EJPY stablecoin on both the Japan Open Chain and Ethereum networks. This initiative aims to facilitate B2B settlements, leveraging the trust-based framework of the EJPY to potentially support larger corporate yen transactions. With the backing of major Japanese corporations as validators, the Japan Open Chain is positioning itself as a key player in the regulated yen payment rails. As the yen stablecoin market becomes increasingly competitive, the foundation is actively working on trustee selection and compliance procedures to ensure a smooth rollout. This development underscores the growing momentum in Japan's digital currency landscape, as enterprises seek efficient and regulated blockchain-based settlement solutions. Anchorage and Mexican billionaire’s Grupo Salinas ink cross-border payments partnership. Grupo Salinas is integrating Anchorage Digital's stablecoin infrastructure into its cross-border payment flows, enhancing the efficiency and security of transactions between Mexico and the United States. This partnership reflects a broader trend of leveraging blockchain technology to streamline international payments, offering faster settlement times and reduced costs. By adopting stablecoin technology, Grupo Salinas aims to improve its financial services offerings, providing a more seamless experience for its customers. This move also highlights the increasing adoption of digital assets in traditional financial systems, as companies seek to capitalize on the benefits of blockchain technology. Bitwise CIO says GENIUS Act helped unlock crypto fundraising as tokenization now eyes Clarity Act boost. Bitwise CIO Matt Hougan attributes the recent surge in crypto fundraising to the passage of the GENIUS Act, which has provided much-needed regulatory clarity. He notes that this clarity has enabled significant blockchain raises by projects like Arc, Canton, and Tempo. Looking ahead, Hougan sees the Clarity Act as the next potential catalyst for the industry, which could further solidify the mainstream adoption of digital assets. As regulatory frameworks continue to evolve, the crypto industry is poised for growth, with major financial institutions increasingly looking to build in the space. This development signals a pivotal moment for the industry, as it moves towards greater integration with traditional financial systems. Korean won stablecoin KRWQ expands to Solana following March EDX Markets listing. The KRWQ stablecoin, pegged to the Korean won, is expanding its reach by launching on the Solana blockchain. This move aims to enhance on-chain liquidity for the Korean won, providing faster settlement and lower fees for high-volume FX flows. By integrating with Solana, KRWQ is positioning itself to meet the growing demand for non-USD stablecoins in the DeFi and institutional markets. The expansion follows KRWQ's listing on EDX Markets, where it became the first non-USD stablecoin traded across spot and perpetual venues. This development highlights the increasing globalization of stablecoin markets, as projects seek to tap into diverse liquidity pools and trading opportunities. ## Feature Story Japan to launch EJPY stablecoin for payments and remittances, marking a new chapter in digital currency adoption. The Japan Blockchain Foundation has announced plans to issue the EJPY, a yen-pegged stablecoin, on both the Japan Open Chain and Ethereum networks. This initiative targets B2B settlements, with the potential to transform corporate yen transactions through a trust-based framework. Japan Open Chain, operated by major Japanese corporations, will serve as the primary platform for EJPY, with Ethereum support planned from the outset. The launch of EJPY is part of a broader trend in Japan, where the yen stablecoin market is rapidly evolving with initiatives like JPYC, JPYSC, and various bank pilots. However, the exact terms and timing of the EJPY launch remain undecided, pending regulatory reviews, trustee selection, and partner negotiations. This development underscores the competitive landscape of regulated Japanese digital currency initiatives, as enterprises and financial institutions seek efficient and compliant blockchain-based solutions. As the Japan Blockchain Foundation accelerates its preparations for the EJPY rollout, the focus will be on ensuring robust compliance and operational frameworks. Looking ahead, the successful deployment of EJPY could pave the way for broader adoption of stablecoins in Japan, offering new opportunities for businesses and consumers alike. With the backing of a strong validator network and a commitment to regulatory compliance, EJPY is poised to become a key player in Japan's digital currency ecosystem. As the landscape continues to evolve, stakeholders will be closely watching the EJPY's impact on the market and its potential to drive further innovation in the digital payments space.