JPYC Hit South Korea’s Upbit at 1 Yen and Traders Sent It Flying Past 3

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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, […]