Bank of Japan Considers Stablecoins for Global Payments

The Bank of Japan is exploring the potential of stablecoins in global payments, suggesting they could potentially replace traditional bank deposits. Deputy Governor Ryozo Himino highlighted this at the GZERO Summit on October 21st, 2025. He emphasized the shift towards digital currencies in payment systems, hinting at a future where stablecoins take on key roles. While these comments don’t bring immediate regulatory changes or impact on existing financial assets, they signal central banks’ active consideration of digital currency integration.