jpyc

#jpyc

@catmangox: Looking at JPYC like this, mainstream stablecoins in Japan are likely to be monopolized by USDC in the future. When that day comes, it will be very troublesome. It's equivalent to Japan's finance being controlled by Americans.

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The author worries that the poor development of Japan's native stablecoin JPYC may lead to USDC monopolizing the Japanese stablecoin market, thereby allowing the US to control Japan's finance.

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jpyc

@catmangox: Looking at JPYC like this, mainstream stablecoins in Japan are likely to be monopolized by USDC in the future. When that day comes, it will be very troublesome. It's equivalent to Japan's finance being controlled by Americans.

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