Japanese finance and blockchain executives said living on stablecoins alone could be possible, but they are likely to coexist with cash and traditional finance. At an AI and on-chain finance summit in Japan, panelists discussed use cases including payments, international remittances, tax payments and the need for yen-based stablecoins. Views differed on whether stablecoins can outperform SWIFT, with tokenised deposits also cited as a longer-term option.

Startale Japan is offering what it calls Japan’s first self-sold digital corporate bond that pays interest and redemption in JPYSC, a yen-linked trust stablecoin. The bond carries a fixed 5.0 percent annual pre-tax coupon, a 1-year maturity and a minimum subscription of 100,000 yen. Subscriptions run through Nov. 10, with issuance on Dec. 1 and interest paid twice in 2027.