Japan Post Bank to Launch Digital Deposit Currency DCJPY by 2026
Japan Post Bank, the nation's largest deposit holder with ¥120 million accounts and $1.36 trillion in assets, plans to introduce DCJPY—a yen-pegged tokenized deposit—by 2026. Developed by DeCurret DCP, the system will settle digital securities and may process government subsidies.
Unlike global stablecoins, DCJPY operates on permissioned blockchains, reflecting Japan's regulatory distinction between tokenized deposits and public blockchain-based stablecoins. The bank's massive retail footprint could accelerate institutional crypto adoption domestically.