: : MoneyX Report - Building the Next Financial Infrastructure
Written by
@FourPillarsFP (
@xparadigms ),
@samoyedali
On February 27th, MoneyX, the first stablecoin-focused conference in Japan, was held in Tokyo. Organized by the WebX Executive Committee and produced by SBI Holdings, JPYC, Progmat, and CoinPost, MoneyX is a cross-disciplinary forum spanning policy, industry, and society to explore what may be the most fundamental question for japan: “What should money look like in the 21st century?”
Japan has traditionally been considered a slow mover in the digital era. A country where cash reigned supreme, where fax machines persisted in offices well into the 2020s. But this perception misses something important. When Japan moves, it moves with institutional depth and regulatory precision that few countries can match. And in stablecoins, Japan has been quietly making progress for years.
In June 2023, Japan became one of the first major economies in the world to establish a comprehensive legal framework for stablecoins, amending the Payment Services Act to define fiat-backed stablecoins as "Electronic Payment Instruments" and restricting issuance to licensed banks, trust companies, and fund transfer service providers. While the US debated. While Europe implemented MiCA in stages. Japan acted.
We spend it, borrow it, save it, send it, and build our lives around it. Yet the infrastructure underlying money has barely evolved in decades. Settlements still take days. Cross-border transfers still cost too much. Financial access still depends on where you were born. Stablecoins represent a chance to fix this. That was what MoneyX is about.