Special Encore: How Japan’s Stablecoin Could Reshape Global Finance

<p>Original Release Date: October 31, 2025</p><p>Our Japan Financials Analyst Mia Nagasaka discusses how the country’s new stablecoin regulations and digital payments are set to transform the flow of money not only locally, but globally.</p><p>Read more&nbsp;<a href="https://www.morganstanley.com/insights?cid=mg-SM_CORP-insights-17607" rel="noopener noreferrer" target="_blank">insights</a>&nbsp;from Morgan Stanley.</p><p><br></p><p>----- Transcript -----</p><p><br></p><p>Welcome to&nbsp;Thoughts on the Market. I’m Mia Nagasaka, Head of Japan Financials Research at Morgan Stanley MUFG Securities.&nbsp;</p><p>Today – Japan’s stablecoin revolution and why it matters to global investors.&nbsp;</p><p>It’s Friday, October 31st, at 4pm in Tokyo.&nbsp;</p><p>Japan may be late to the crypto market. But its first yen-denominated stablecoin is just around the corner. And it has the potential to quietly reshape how digital money moves across the country and globally.&nbsp;</p><p>You may have heard...