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Asia Morning Briefing: What’s the Real Use for a Yen...

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  3. Asia Morning Briefing: What's the Real Use for a Yen Stablecoin? An On-Chain Carry Trade
7 months ago 7 months ago

Asia Morning Briefing: What’s the Real Use for a Yen Stablecoin? An On-Chain Carry Trade


Sam Reynolds
by Sam Reynolds 7 months ago7 months ago
Asia Morning Briefing: What’s the Real Use for a Yen Stablecoin? An On-Chain Carry Trade




Unlike most Asian currencies, the yen moves freely across borders, making it the perfect vehicle for an on-chain carry trade that blends Japan’s easy money with DeFi’s appetite for yield.



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