Japan Post Bank Launches Bold Digital Yen Alternative to Challenge Traditional Bond Market

Japan’s largest deposit holder, Japan Post Bank, is shaking up the market with a daring plan: launching a digital yen alternative by 2026. As demand for traditional government bonds plummets, the bank is forging ahead with DCJPY, a blockchain-based currency pegged to the yen. This move aims to connect millions of accounts and offer faster, more efficient payments and potential returns in the 3-5% range for investment in tokenized products.