Japan's Financial Services Agency (FSA) has finalized rules allowing foreign-issued trust-type stablecoins into its payment system, effective June 1, according to BeInCrypto. This regulatory change reclassifies qualifying foreign trust-type stablecoins as Electronic Payment Instruments under the Payment Services Act, integrating them into Japan's financial infrastructure. The reform requires foreign issuers to meet Japanese standards on licensing, auditing, and anti-money laundering. Domestic intermediaries will verify compliance, with major players like SBI VC Trade preparing for licensed services involving stablecoins such as USDC. This move could accelerate global capital inflows and expand payment applications.

