Japan is building regulated stablecoin infrastructure at scale. The three megabanks, MUFG, SMBC, and Mizuho, are collaborating on a shared issuance platform targeting ¥1 trillion in stablecoins by 2028. Circle's USDC became the first foreign stablecoin approved for Japanese exchanges.

Hyperliquid Annual Report 2025

Tokenization Models, Regulatory Landscape, and Business Opportunities

Because financial incentives force people to reveal their actual beliefs rather than their stated opinions, prediction markets often produce signals that outperform polls and expert commentary.