SBI Launches Japan’s First Trust-Type Yen Stablecoin With Yield. The US Bans That.
The global stablecoin market is currently bifurcating along a clear regulatory fault line. While the United States has moved to strictly prohibit yield-bearing stablecoins, Japan is actively integrating them into its financial infrastructure. This is not merely a difference in legislative philosophy; it is a structural divergence that is reshaping how institutional capital approaches digital…