In fact, if the Japanese yen stablecoin can be used for current real estate transactions, it would be very good. The existing USDT is really frustrating; no matter how you exchange it, there are losses. USDC is also not friendly to Chinese people, with KYC and anti-money laundering requirements. If we switch to a yen stablecoin, everyone can trade directly in the future, which would be safe and convenient. I hope this JPYC doesn't come with ridiculous requirements like having to upload a passport or being limited to Japanese people.
18,56K