Finance Minister Katayama Discusses the Feasibility of a Stablecoin Market for USD, JPY, and EUR

On the 20th, Finance Minister Satsuki Katayama spoke at the 'Japan's Turn' session during the World Economic Forum's (WEF) annual meeting in Davos, where she discussed stablecoins.

Katayama expressed her forecast that a market where stablecoins denominated in US dollars, Japanese yen, and euros could be exchanged would likely be established in the very near future. She mentioned that this is a proposal that Japan could put forward.

The session, as its name suggests, focused on Japan. It explored how Japan could carve out new avenues for growth and adapt to technological changes.

During this session, Minister Katayama...