JPYC and South Korean IT giant ITCEN GLOBAL launch joint research on stablecoins

According to CoinDesk, the issuer of the Japanese stablecoin JPYC announced today (December 22) a joint research initiative with the large South Korean IT company ITCEN GLOBAL in the field of stablecoins, aiming to explore the future development possibilities of stablecoins in Japan and South Korea.

ITCEN GLOBAL has an annual sales revenue of approximately 530 billion yen and has launched the gold RWA project "K-Gold" on the blockchain through its subsidiary Korda, and has already started RWA and STO businesses in Japan.