stablecoin

Simplex Announces Stablecoin Issuance and Redemption System "Simplex Stablecoin"

Norbert Gehrke

21 Jun 2025 — 2 min read

Simplex has launched its stablecoin issuance and redemption system "Simplex Stablecoin."

Stablecoins are payment instruments that possess the characteristics of cryptocurrencies—enabling instant and low-cost transfers—while maintaining stability by pegging their value to fiat currencies. With the amendment of the Payment Services Act in June 2023, which defined stablecoins as electronic payment instruments, expectations are growing for their potential applications.

Internationally, legislative frameworks are advancing toward full-scale adoption, with the U.S. seeing progress on the STABLE Act and GENIUS Act proposals. Major banks are considering joint stablecoin issuance, and domestically, the use of USD-pegged stablecoin USDC for electronic payments has begun. Simplex has been developing transaction systems for the Japanese yen-pegged stablecoin JPYC issued by JPYC Corporation since 2024.

FSA Meets with "Neobanks" to Discuss Financial Crime Prevention

The Financial Services Agency held an opinion exchange meeting on financial crime prevention measures with the management of 13 neobanks at the beginning of June. This was conducted against the backdrop of diversifying customer needs and the advancement of cashless payments, where new forms of banks with distinctive business models

Natixis CIB Establishes Banking Branch in Japan

Natixis Corporate & Investment Banking (CIB) announced the establishment of its banking branch in Japan from July 1, 2025. The banking license will enhance Natixis CIB’s service offering in Japan, enabling its Natixis Tokyo Branch to provide a broader range of financial services for clients. Natixis Tokyo Branch has

NYK Acquires Kadmos, an Innovative End-to-end Salary Payments Platform for Seafarers

Nippon Yusen Kabushiki Kaisha (NYK) has reached an agreement to acquire 100% of Kadmos Holding GmbH (Kadmos), a global end-to-end maritime salary payments platform provider headquartered in Germany. Founded in 2021 and based in Berlin and London, Kadmos is a rapidly growing technology company that provides innovative salary payment solutions

Japan FinTech Observer #117

Welcome to the - exceptionally late - one hundred seventeenth edition of the Japan FinTech Observer. At the Monetary Policy Meeting held last week, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline for money market operations for the intermeeting period:

Read more

FSA Meets with "Neobanks" to Discuss Financial Crime Prevention

Natixis CIB Establishes Banking Branch in Japan

NYK Acquires Kadmos, an Innovative End-to-end Salary Payments Platform for Seafarers

Japan FinTech Observer #117