On the 29th, SOWAKA Pte. Ltd., a Singapore-based company that operates the Web3 service 'Avacus', announced the establishment of Sowaka Japan Inc. (Headquarters: Minato-ku, Tokyo, CEO: Wataru Matsuda) effective June 1, 2026. The move aims to facilitate the use of stablecoins within Japan.
A stablecoin is a type of cryptocurrency whose value is pegged to a fiat currency or other assets...