Let me guide you through how $JPYdf is issued with no yen in a bank behind it; crypto is locked as collateral, and the protocol issues stablecoin against it.
Prepare for the Launch.
Singapore TOKEN2049 → @colosseum office.
Landed, found a desk, put up the sign.
Builder in session stays up until Monday.
Until then, we're heads down on $JPYdf, a decentralised JPY stablecoin.
Let’s bring JPY back to a meaningful position in the stablecoin market.
There are still so many JPY use cases waiting to be built payments, savings, lending, treasury, cross-border settlement, and more.
The opportunity is much bigger than it looks today.
Fusion congratulates DeltaForesight on a $2.1M raise to build @JPYDeFi and its decentralised JPY stablecoin, JPYdf.
The team announced vaults on Fusion are among the first integrations on the JPYdf roadmap.
DeltaForesight joins the growing number of entities choosing Fusion.
Expanding the utility of $JPYdf, a decentralised JPY stablecoin, is key to its adoption
We plan to achieve this using @ipor_io Fusion vault infrastructure, giving wallets, protocols and operators efficient building blocks for JPYdf
Our raise and plans:
https://t.co/c9hahWMK9e
Japan was told to export less when it sold too much, and to revalue the yen when the dollar’s foundations cracked.
The yen’s history has more twists, and more arm-twisting, than the headlines suggest.
What could $JPYdf add to that story? https://t.co/hk9KxTly0Z
Meet JPY DeFi: mint crypto-backed $JPYdf, a yen-pegged stablecoin designed for Japan’s cryptoasset framework, outside fiat-backed stablecoin rules.
Tap low yen borrowing rates for carry trades, onchain FX and yen-denominated markets.
Launching soon.
https://t.co/ZwoCthO9b0