yen

Crypto's latest selloff was a TradFi event, not a crypto crisis
Last week’s downturn was driven by yen carry trades and macro leverage, highlighting how deeply digital assets are now tied to traditional markets, panelists at Consensus Hong Kong 2026 said.

Bitcoin and the Japanese yen are moving together like never before
The 90-day correlation between bitcoin and JPY has risen to a record high of over 0.85.

SBI, Startale to launch regulated yen stablecoin for global settlement
The digital yen stablecoin aims to plug Japan into onchain finance and cross-border tokenized asset flows under the country's new FSA regime.

Asia Morning Briefing: What's the Real Use for a Yen Stablecoin? An Onchain Carry Trade
Unlike most Asian currencies, the yen moves freely across borders, making it the perfect vehicle for an on-chain carry trade that blends Japan’s easy money with DeFi’s appetite for yield.

Japan's New Yen Stablecoin is Asia’s Only Truly Global Fiat-Pegged Token
With the yen freely convertible and backed by Japan’s deep government bond market, JPYC’s launch stands apart from the region’s onshore-only experiments in Korea, Taiwan, and beyond.

Bitcoin Under Pressure as Japanese Bond Yield Hits 17-Year High, Yen Depreciates
The hardening of Japanese government bond yields could spillover into other sovereign bond markets, capping upside in risk assets, including BTC.

Bitcoin Hits Record High Against Yen as Japan's New PM Sanae Plans to Revive 'Abenomics'
The yen weakened as Sanae said that her government would lead fiscal and monetary policy setting.

Japan's Financial Regulator to Approve First Yen-Denominated Stablecoin: Report
Approval of JPYC's yen-pegged token could happen as early as the next few months.

Yen Rises Against Bitcoin, Dollar as Scott Bessent Predicts Bank of Japan Rate Hike
The yen is no longer the most attractive funding currency, and the currency's strength may not necessarily lead to broad-based risk aversion, one expert said.

XRP Price Crashes 10%; Focus on Bitcoin-Yen's 'Descending Triangle' as Fed Rate Cut Bets Rise
Traders are ramping up expectations for Fed rate cuts in 2026, which supports the bull case in BTC; however, the bond yield differential suggests JPY strength ahead.

