According to Odaily Planet Daily, Ripple CEO Brad Garlinghouse said that Japan’s efforts in regulatory clarity have allowed “entrepreneurship and investment to really flourish,” and that demand for yen stablecoins is expected to be strong.
However, he would not make any commitments about Ripple stablecoins in Japan until the company launches them in the U.S. Brad Garlinghouse said in an interview with Bloomberg: "People will want to hold yen stablecoins. I think it's just a matter of time."
While Japan is a “conservative market” in some ways, it is “very healthy” in other ways, and believes that Japan is better at providing regulatory clarity and legislation for stablecoins and cryptocurrencies. However, Ripple will first focus on launching stablecoins in the United States and then consider Japan.
