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Stablecoin

It is digital cash fully linked to legal currency that can be used on the blockchain.
We are promoting initiatives for stablecoin issuance on JOC and with financial institutions.
It provides a new financial network that freely connects the world.

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What is a Stablecoin

In the expanding digital economy, interest in RWA Tokens (short for Real World Assets, meaning the tokenization of real-world assets) is increasing. Targeting valuable real-world assets such as real estate, bonds, and gold, stablecoins are considered a representative example of RWA as they tokenize "legal currency." About 20 trillion yen of stablecoins linked to the US dollar have already been issued and circulated, and expectations for circulation in the Japanese market are also increasing.

Sending money with stablecoins is simple, inexpensive, and fast

Benefits for various users

Benefits for businesses using stablecoins

  • Significantly lower payment and transfer fees, reducing transfer burdens
  • Competition to gain stablecoin customers between issuers leads to high convenience for businesses and consumers
  • Seamless compatibility with foreign currency payments, such as US dollar-linked stablecoins
  • Payments and transfers between multiple businesses, including municipalities, become smooth, realizing immediate deposits
  • Can be used as a means of exchanging digital assets like NFTs

Benefits for financial institutions issuing stablecoins

  • Increase in operational profit by increasing their deposit accounts and deposit balances
  • Increase in revenue from payment fees and exchange fees
  • Expectation of capital inflows from around the world by issuing foreign currency-denominated stablecoins
  • Creation of opportunities to utilize new payment data, such as its use as credit management data
  • Significant reduction in development and operational costs of bank remittance systems

Advantages of issuing on JOC

  • Managed by an approved and licensed operator, aimed at financial institutions.
  • Can be used with confidence because it is a blockchain based on legal compliance.
  • Numerous achievements through collaboration with financial institutions.
  • Faster transactions compared to other blockchains.
  • Potential future integration with numerous applications.

Anticipated use cases

  • Inter-company remittances

    A new means of remittance between domestic and international companies, replacing the Zengin-Net and SWIFT networks.

  • Web3 payments

    To become a major payment method in web3 payments, such as RWA and NFT.

  • Payments

    To become a comprehensive online payment method, replacing credit cards.

  • Digital securities

    For the trading of digital securities (ST, STO) issued on the blockchain.

  • Local currency

    Used as a programmable digital currency for specific uses, offering benefits or enabling aggregation and tracking.

Types of stablecoins

Japan is leading the world in legal frameworks for stablecoins. To issue stablecoins, compliance with these regulations is necessary.

TypesDeposit claim typeSpecific trust beneficiary right typeOutstanding claim type
IssuerBankTrust bank
Trust and banking corporation		Funds transfer business
Issuer's licenseBank license
(Banking Act, Article 4, Paragraph 1)		(Trust Business Act, Article 3, Paragraph 1, Article 7, Paragraph 1)
Notification of specific trust companies
(Payment Services Act, Article 37-2, Paragraph 3)		Funds transfer business registration
(Payment Services Act, Article 37, Paragraph 4)
Intermediary licenseElectronic payment handling business
(Amended Banking Act, Article 2, Paragraph 17)		Electronic payment methods trading business
(Amended Payment Services Act, Article 2, Paragraph 10, Items 1 ~3)		Electronic payment methods handling business
(Amended Payment Services Act, Article 2, Paragraph 10, Item 4)
Limit on remittance amount/balance amountNoneTrust bank: None
Other than trust banks: Same as funds transfer business		Remittance amount: Limit 1 million yen
Balance amount: Limit 1 million yen
User protection from issuer bankruptcyDeposit insurance system (Deposit Insurance Act)
Cannot be operated like a regular savings account		Not covered by the deposit insurance system
Duty to segregate trusts & manage all entrusted funds as deposits		Not covered by the deposit insurance system
Obligation to fully protect user assets

Stablecoin issuance system for financial institutions

G.U. Coin Studio is a stablecoin issuance and management system for financial institutions provided by G.U. Technologies. Through G.U. Coin Studio, you can issue and manage circulation of stablecoins on the Japan Open Chain, and integrate with existing accounting systems and accounting software.

Contact Us

We are seeking financial institutions that want to use the stablecoin system and businesses that want to utilize stablecoins.

In Japan and other countries, laws are being developed to safely promote the use of blockchain technology. JOC and G.U. Technologies are mainly members with a foothold in domestic and overseas blockchain engineers and the financial industry, providing next-generation financial infrastructure by combining legal requirements with existing systems and operations of financial institutions. We welcome inquiries from financial institutions interested in using stablecoin systems that meet legal requirements, such as inter-company and international remittances and salary payments, as well as businesses interested in utilizing stablecoins.

Ask About Stablecoins