Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0.00125470514429106
Stock impact report

Why South Korea and Japan are bidding to make 2026 the year of the stablecoin [Yahoo! Finance]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Company Research Source: Yahoo! Finance
But next year will see stablecoin issuance properly take flight in Japan, with adoption following suit, say industry insiders. “The issuance of approved and licensed yen-denominated stablecoins will increase fivefold by the end of 2026,” Kyle Ellicott, executive director at the blockchain firm Stacks Asia Foundation, told DL News . “The market's volumes will surpass $50 million, driven by the first Japanese yen stablecoin's early 2025 traction.” While Japanese regulators have already approved yen-backed tokens, South Korea's president Lee Jae-myung is determined not to lag behind, placing won stablecoin adoption at the center of his economic plans. With both countries hoping to make 2026 a stablecoin-powered success, what do experts think of their chances? Stablecoin issuers are set to become major buyers of Japanese government bonds and influence the Bank of Japan's control over monetary policy, said the head of JPYC, two weeks after issuing an eponymous stablecoin. The la Show less Read more
Impact Snapshot
Event Time:
MUFG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
MUFG alerts

from News Quantified
Opt-in for
MUFG alerts

from News Quantified