Japan's JPYC, launched in October 2025, is the world's first:
- Abitcoin exchange-traded fund
- Bstablecoin pegged to the Japanese yen
- Ccrypto tax law
- Dcentral bank digital currency
Show answer and explanation
Correct answer: (b) stablecoin pegged to the Japanese yen
Explanation
JPYC is a yen stablecoin backed by savings and government bonds.