Stablecoins are praised as the Holy Grail of crypto. Yet, none of the international projects is listed on cryptocurrency exchanges in Japan. In this article, we analyze the different stable coin models (IOU, on-chain collateralized and seigniorage models) and the regulatory environment in Japan. The following coins are used for illustrative purposes: TrueUSD, Libra, MakerDAO and Basis.
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So Saito / Joerg Schmidt