Japanese regional bank Hokkoku has made waves by becoming the first in Japan to introduce a stablecoin backed by bank deposits. The development has left Japanese crypto enthusiasts wondering about the potential pros and cons. In addition, the utility of the stablecoin is being questioned about. Japan Bank Launches Tochika Stablecoin The initiative is taken The post Japan Bank Launches First Deposit-Backed Stablecoin ‘Tochika’ appeared first on CoinGape .
