Japan’s Ruling Party Pushes On-Chain Finance Plan to Protect Yen
Japan's ruling Liberal Democratic Party is advocating for an on-chain finance plan to enhance the use of stablecoins and blockchain technology. The proposal aims to establish a five-year roadmap for integrating these technologies into Japan's financial infrastructure. This initiative seeks to ensure Japan's financial sovereignty and competitiveness in the global market.
- ▪The Liberal Democratic Party is pushing for stablecoins and blockchain settlement as part of Japan's financial infrastructure.
- ▪A five-year roadmap is proposed to clarify the use of stablecoins for various financial transactions.
- ▪The initiative aims to secure Japan's on-chain financial sovereignty and improve its monetary policy transmission.
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Japan’s Ruling Party Pushes On-Chain Finance Plan to Protect Yen Vince Dioquino Tue, May 19, 2026 at 7:26 AM PDT 3 min read Japan’s ruling Liberal Democratic Party is pushing stablecoins, tokenized deposits and blockchain settlement as financial infrastructure, warning that Japan risks falling behind foreign payment systems. The proposal asks the Financial Services Agency to draw up a five-year roadmap, position finance as Japan’s 18th growth investment field, and clarify how stablecoins could be used for payroll, tax payments, corporate funding and cross-border transfers. This option is unavailable due to your privacy preferences. Please update your privacy settings to enable it.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Yahoo Finance.