Morpho to launch Japanese yen stablecoin JPYC

Foresight News reported that Morpho announced on Twitter that it will launch the Japanese yen stablecoin JPYC.

According to previous Foresight News reports, InsureDAO developer PAO TECH Labs will assist the Japanese yen stablecoin JPYC in launching a lending market, building an operational treasury (yield strategies), and improving the fixed interest rate market (such as interest rate swaps), as well as providing liquidity support for the above-mentioned products.