Japan plans to ease stablecoin regulation to facilitate large-value payments

According to The Nihon Keizai Shimbun, Japan’s Financial Services Agency plans to ease regulatory restrictions on trust bank-issued stablecoins, creating room for individuals to conduct stablecoin transactions exceeding 1 million yen, and intends to incorporate related measures into upcoming tax reform proposals. If implemented, stablecoins could be further utilized for high-value consumption scenarios such as automobiles and real estate, indicating that stablecoin applications in Japan are expanding from small-amount payments to higher-value settlements.