A stablecoin is a digital cash that is fully linked to fiat currency and can be used on the blockchain.
Our projects to issue stablecoins is in progress with financial institutions.
We're offering a new financial network where the world can connect freely.
Amid the expanding digital economy, there is growing interest in RWA tokens (abbreviation for Real World Assets, meaning the tokenization of real-world assets). Targeting valuable real assets such as real estate, bonds, and gold, stablecoins are considered representative examples of RWAs, tokenizing fiat currency. Stablecoins linked to the US dollar already have about 20 trillion yen in circulation, and expectations for circulation are also rising in the Japanese market.
Benefit for business operators to use stablecoins
Benefit for financial organizations to issue stablecoins
Benefit to issue stablecoins on JOC
In Japan, legislation related to stablecoins is advancing ahead of the world. To issue stablecoins in Japan, it is necessary to comply with these regulations.
| Category | Deposit Claim Type | Specified Beneficial Interests in a Trust Type | Unmet Claim Type |
|---|---|---|---|
| Issuer | Bank | Trust Bank Bank Engaged in Trust Business | Funds Transfer Service Providers |
| Issuer's License | Banking License (The Banking Act Article 4 Paragraph 1) | (The Trust Business Act Article 3 Paragraph1、Article7,Paragraph1) Notification of Specified Trust Company (Payment Services Act Article 37 -2 Paragraph3) | Funds Transfer Business Registration (Payment Services Act Article 37,Paragraph 4) |
| Intermediary's License | Electronic Payment Handling Services (The amended Banking Act Article 2,Paragraph 17) | Electronic Payment Instruments Services (Amended Payment Services Act Article 2, Paragraph 10, Item 1-3) | Electronic Payment Instruments Services (Amended Payment Services Act Article 2, Paragraph 10,Item 4) |
| Transfer Amount /Balance Limitations | Unlimited | Trust Bank: Unlimited Other than Trust Bank： The Same as Funds Transfer Business | Transfer Amount: Up to 1 million yen Balance Amount: Up to 1 million yen |
| User Protection in the Event of Issuer Default | Deposit Insurance System (Deposit Insurance Act) Can manage in the same way as a regular savings account. | Not covered by Deposit Insurance System The obligation to manage the trust-segregated and entrusted monetary funds in a savings account in full. | Not covered by Deposit Insurance System The obligation to preserve the full amount of user assets |
G.U. Coin Studio is a stablecoin issuance and management system offered by G.U. Technologies for financial institutions. Through G.U. Coin Studio, issuance and circulation management of stablecoins on the Japan Open Chain, as well as integration with existing accounting and financial systems, can be conducted.
In Japan and various countries, legislative efforts are underway to promote the safe utilization of blockchain technology. JOC and G.U. Technologies are focusing on integrating legal requirements with existing systems and operations of financial institutions, primarily centered around blockchain engineers and professionals in the financial industry domestically and internationally. We are committed to providing financial institutions with next-generation financial infrastructure. Financial institutions interested in utilizing stablecoin systems that meet legal requirements for inter-company or international transfers, salary payments, and businesses interested in leveraging stablecoins, are welcome to contact us for further information.