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July 12, 2026
 

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STABLECOINS

As U.S.-backed stablecoins move closer to widespread global adoption, China is preparing to counter growing dollar dominance by expanding the digital yuan and cross-border payment systems in emerging markets.
COMMENTARY / World
May 28, 2026
China will fight back if digital dollars corner global savings
Anything that entrenches the U.S. currency’s hegemony in countries like Pakistan, Sri Lanka, Turkey, Egypt or Sudan goes against China’s strategic interest.
Jared Kushner (left) and Steve Witkoff, special peace envoys, take part in a news conference after meeting with representatives from Pakistan and Iran on April 12 in Islamabad.
COMMENTARY / World
May 19, 2026
The high cost of Donald Trump’s crony diplomacy
Together, Kushner and Witkoff have spearheaded negotiations on Ukraine, Gaza and Iran.
Donald Trump’s pro-crypto shift dismantled regulations and empowered industry insiders, but bitcoin’s poor performance and the risks posed by lightly regulated stablecoins expose crypto’s failure as money.
COMMENTARY / World
Feb 10, 2026
The coming crypto apocalypse
The future of money and payments will feature gradual evolution, not the revolution that crypto-grifters promised.
U.S. President Donald Trump celebrates with other officials at the White House in July after signing the Genius Act, which will develop a regulatory framework for stablecoin cryptocurrencies and expand oversight of the industry.
COMMENTARY / World
Jan 5, 2026
Will stablecoins preserve dollar dominance?
Some governments may hesitate, fearing that currency substitution would undermine the effectiveness of domestic monetary policy.
Noritaka Okabe, CEO of JPYC, has said that stablecoin issuers can become major buyers of government bonds.
BUSINESS / Markets
Jan 5, 2026
Stablecoins likely to be a factor, not a game changer, in Japan’s bond market
Issuers might not buy up enough long-term debt to make a big difference.
A cryptocurrency advertisement featuring an image of U.S. President Donald Trump in Hong Kong. The current U.S. administration’s endorsement of crypto is driven by a mix of personal financial interest, ideology, and the need to reinforce global demand for dollars to finance America’s trade deficit.
COMMENTARY / World
Dec 26, 2025
Is crypto an opportunity or a threat?
Crypto innovation has some valuable features but the proliferation of private digital assets has widened the gap between private and social interests.
SBI Holdings subsidiary Shinsei Trust and Banking is set to issue a yen-based stablecoin next year.
BUSINESS / Tech
Dec 16, 2025
Japan’s first bank-backed yen-based stablecoin could be available by June 2026
The hope is that it will be used for the settlement of payments locally and globally
Noritaka Okabe, CEO of JPYC, acknowledges a number of potential risks related to stablecoins.
BUSINESS / Tech
Nov 14, 2025
Stablecoins: Boring goes big, and now in Japan
They are designed not to fluctuate in value, and that’s precisely what makes them attractive.
Noritaka Okabe, head of Japanese startup JPYC, at a news conference for the first yen stablecoin in Tokyo on Monday
BUSINESS / Tech
Oct 27, 2025
JPYC, world’s first yen stablecoin, is issued
One-second transfers costing less than ¥1 could become a reality.
The U.S. dollar's dominance is threatened as digital currencies' security and data integrity become key factors in the global monetary system, challenging America's economic privilege.
COMMENTARY / World
Aug 20, 2025
Currency dominance in the digital age
As digital technologies power money via stablecoins and CBDCs, currency networks depend on both macroeconomics and infrastructure security.
China is preparing to counter the rising threat of U.S.-backed digital dollars by leveraging its powerful e-commerce firms and Hong Kong’s crypto-friendly financial system to promote stablecoins tied to local currencies.
COMMENTARY / World
Jun 30, 2025
China is more than ready for U.S. stablecoins
E-commerce prowess and Hong Kong’s financial chops can ward off the threat from digital dollars.
Jeremy Allaire, chief executive officer of Circle Internet Financial (center) celebrates during the company's initial public offering on the floor of the New York Stock Exchange on June 5.
COMMENTARY / World
Jun 18, 2025
A digital dollar is a trade war weapon, and Europe may be a primary target
Stablecoins could serve to entrench the existing tech and monetary order dominated by the U.S., as 95% of them are dollar-denominated. The euro commands less than 1%.
The IMF and World Bank's Spring Meetings 2025 in Washington on April 25. At this year's meetings, central bankers expressed alarm over the Trump administration's push toward privatizing money through dollar-pegged stablecoins.
COMMENTARY / World
May 30, 2025
Trump wants big tech to own the dollar
At this year’s IMF and World Bank Spring Meetings, central bankers were alarmed by the U.S. push toward privatizing money through dollar-pegged stablecoins.
Japan Times
COMMENTARY / World
Jul 26, 2021
The stablecoin illusion
Stablecoin stability is an illusion. They are unlikely to replace Federal Reserve money, revolutionize finance or realize the dreams of their libertarian enthusiasts.
China’s demand for Soviet-style apartments shows limits to revival
Apartments built during a Soviet Union-inspired construction drive in the 1970s and 1980s tend to suffer from poor insulation and outdated plumbing, but they are seeing a revival in interest due to their attractive locations.
Japanese scientists identify neural mechanism that may explain why we dislike people
The aggressive mouse (left) used in the experiment and a mouse defending itself
Japanese payment processor’s collapse hits banks and restaurants
Zentoshin served around 200,000 shops, many of which rely on early payments to maintain cash flow, raising concerns over their financial stability following the disruption.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
Lenders seek $700 million after Japanese payments firm’s collapse
The financial failure of Osaka-based Zentoshin has left 63 creditors with claims totaling ¥115.16 billion, according to Tokyo Shoko Research.
Japan’s largest exhibition of women photographers rights a wrong in cultural history
Miwa Yanagi’s “Elevator Girl House” series skewers the superficiality of gender roles through staged images.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
‘Princess Mononoke’ comes alive in Super Kabuki staging
The “Princess Mononoke” adaptation was created under Shochiku’s Super Kabuki initiative, a modern form of kabuki with more technology in staging and open to pop culture collaborations.
The beating heart inside ‘Human Vapor’
Different forms of love and connection form the emotional backbone of Netflix’s “Human Vapor,” says actor Shun Oguri, who plays troubled detective Kenji Okamoto.
Japan bets on character IP to drive global growth
Born on social media platforms in 2022, Opanchu Usagi has become a major hit, especially among Generation Z.

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