While regulators across Asia develop their stablecoin frameworks, in Singapore and Japan there are existing use cases for how the digital asset can be incorporated into banking operations.
Led by their respective regulators, Singaporean banks’ efforts centre on payments and digital assets, while Japan is taking a wider approach aimed at digitalising the yen and expanding its use across retail and wholesale markets.
Continue reading by subscribing to The BankerIn-depth coverage across key marketsComments from financial leaders and policymakers worldwideRegional/country bank rankings and awardsView subscription options
AloJapan.com