Asia Morning Briefing: What’s the Real Use for a Yen Stablecoin? An On-Chain Carry Trade

Date:

October 30, 2025

Unlike most Asian currencies, the yen moves freely across borders, making it the perfect vehicle for an on-chain carry trade that blends Japan’s easy money with DeFi’s appetite for yield.

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Asia Morning Briefing: What’s the Real Use for a Yen Stablecoin? An On-Chain Carry Trade

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