السلام علیکم و رحمتہ اللہ و برکاتہ
Japan sab se pehla stablecoin ka clear rulebook banaya tha laakin uski adoption abhi tak bohot slow ha. Wahan sirf licensed banks aur money transfer companies ko stablecoin issue karne ki ijaazat ha. Ye system zyada safe aur stable ha lakin innovation aur market growth slow kar deta ha. Our America ne abhi GENIUS Act introduce kiya ha jisme banks ke sath sath non-bank companies bhi stablecoin issue kar sakti hain agar woh reserve aur compliance rules follow karein. Is wajah se U.S. ka approach zyada flexible aur fast lagta ha. Experts kehte ha ke yeh 2no countries ke regulatory soch ka farq ha Japan stability ko pehle rakhta hai jabke U.S. tez aur b8g market chah raha ha Link

 Japan ab apna pehla yen-backed stablecoin launch karne wala hajo companies jaise JPYC aur Monex Group issue karein gi. Ye stablecoins 100% bank deposits aur government bonds se backed honge aur unka use payments aur remmintes ke liye hoga. Bari companies jaise SBI bhi Startale, Circle aur Ripple ke sath mil kar tokenized assets jaise stocks aur bonds ke liye platforms bana rahi ha. Unka goal hai ke 24/7 trading ho instant settlements milein aur zyada log asaani se invest kar saken. Japan ka infrastructure-first plan aage chal ke strong sabit ho sakta ha