JPYC Hit South Korea’s Upbit at 1 Yen and Traders Sent It Flying Past 3
This week, Japan’s first licensed yen stablecoin, JPYC, landed on South Korea’s largest crypto exchange, Upbit, and promptly shot higher, briefly reaching the equivalent of more than 3 yen. At present, the JPYC/KRW pair ranks among the trading platform’s most active markets. JPYC’s 1:1 Yen Peg Meets Upbit’s Retail Rush Launched under strict national regulations, […]
Key Takeaways
- This week, Japan’s first licensed yen stablecoin, JPYC, landed on South Korea’s largest crypto exchange, Upbit, and promptly shot higher, briefly reaching the equivalent of more than 3 yen.
- At present, the JPYC/KRW pair ranks among the trading platform’s most active markets.
- JPYC’s 1:1 Yen Peg Meets Upbit’s Retail Rush Launched under strict national regulations, […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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