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Nov 25, 2021
6 min read
Japan's Digital Yen: Is It A Viable Alternative To A Stablecoin OR CBDCs?
Wiser! Essay: Plans to launch a digital Japanese yen have been unveiled by a consortium of over 70 banks. It's not a CBDC or a stablecoin but it offers a real alternative to either of them.
A Private Consortium To Launch a Digital Yen
Back Story: A consortium of roughly 70 Japanese firms has decided to create their own blockchain-backed digital currency.
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