JUST IN: One of Japan’s Largest Banks Steps Up to the Cryptocurrency Sector

Japan Post Bank, one of Japan's largest banks, plans to offer depositors a digital currency in fiscal 2026 that can be used for fast trading of blockchain-based financial ￰0￱ bank wants to make its 190 trillion yen (about $1.29 trillion) in deposits more effective and revive long-dormant ￰1￱ digital currency in question will be DCJPY, developed by Tokyo-based DeCurret ￰2￱ will be able to link savings accounts with this currency, which will have a unit value of 1 yen = 1 DCJPY, and will be able to make instant conversions through the ￰3￱ will allow investors to buy and sell digital securities and other digital assets much ￰4￱ News: Ethereum (ETH) Announces Burn That Will Change Balances and Launches New Altcoin - Co-Founder Unveils Details Japan Post Bank is looking to expand its client base, which is predominantly elderly, with younger ￰5￱ currency will facilitate the trading of blockchain-based security tokens backed by assets like real estate and ￰6￱ tokens offer a potential return of 3% to 5%.

Delivery and settlement processes, which typically take two days with traditional methods, will be instantaneous with digital currency ￰7￱ bank is also working to enable local governments to pay their grants and aid through ￰8￱ will automatically transfer payments to accounts and digitize public ￰9￱ DCP is in discussions with local governments on this ￰10￱ to a report published in April by Boston Consulting Group and Ripple, the market for tokenized real-world assets will grow from $600 billion in 2025 to $18.9 trillion in ￰11￱ growth is seen as a key trend supporting Japan Post Bank's plans. *This is not investment ￰12￱ Reading: JUST IN: One of Japan’s Largest Banks Steps Up to the Cryptocurrency Sector