**History of Development:**

In 2023, SBI Holdings in Japan launched a type of stablecoin based on the Japanese yen. The main goal of the project is to support digital transactions and facilitate online accounts.

**Advantages of Stablecoin:**

Stablecoins can help increase efficiency and liquidity in domestic and cross-border transactions. This development also indicates a growing interest from traditional financial companies in regulated cryptocurrency products linked to fiat.

**Importance of Stablecoin:**

Stablecoins can help bridge the gap between the traditional financial ecosystem and blockchain. The launch of the stable currency based on the Japanese yen will provide new opportunities for investors and users worldwide.

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