Crypto
Japan considers stablecoins for childcare and grocery subsidies, eyes onchain shift for government bonds and payment infrastructure
Japan is considering using stablecoins and tokenised deposits for subsidies with restricted uses such as childcare and groceries, while also examining a broader shift to blockchain-based finance. The Financial Services Agency has released minutes from a forum meeting and plans an interim summary in early 2027. Discussions cover programmable functions tied to real transactions, linking onchain and offchain payments, and ensuring payment-system stability and safety.