Japan Post Bank to Launch Digital Currency for Increased Efficiency and Client Expansion

Japan Post Bank, one of the nation’s largest financial institutions, is set to offer depositors a digital currency in fiscal 2026. This innovative move aims to enhance its existing deposits, which currently amount to 190 trillion yen ($1.29 trillion), and attract younger investors. The bank’s digital currency, DCJPY, developed by DeCurret DCP, will be linked directly to savings accounts, with each unit valued at 1 yen = 1 DCJPY. This instant conversion capability facilitates faster trading of blockchain-based financial products like digital securities and other digital assets.