Japan’s Megabanks and the Rise of a New Stablecoin Era: What It Means for Crypto Investors and Blockchain Use
Main Points : 1. Regulator Launches the “Payment Innovation Project (PIP)” On November 7, 2025, the FSA announced the creation of its new initiative called the “Payment Innovation Project (PIP)”, focused on advancing next-generation payments using blockchain. This initiative will serve as the first venue under the FSA’s FinTech proof-of-concept hub to examine regulated experiments around payments, digital coins and tokenisation. In this context, the PIP’s very first supported project

