{ "schema_version": "1.0", "slug": "banking/japan-stablecoin-bank-perimeter-2025", "source_path": "banking/japan-stablecoin-bank-perimeter-2025.md", "url": "https://finwiki.zksc.io/ja/banking/japan-stablecoin-bank-perimeter-2025/", "html_url": "https://finwiki.zksc.io/ja/banking/japan-stablecoin-bank-perimeter-2025/", "alternate_html_urls": { "ja": "https://finwiki.zksc.io/ja/banking/japan-stablecoin-bank-perimeter-2025/", "en": "https://finwiki.zksc.io/en/banking/japan-stablecoin-bank-perimeter-2025/" }, "github_url": "https://github.com/jasonhnd/finwiki/blob/main/banking/japan-stablecoin-bank-perimeter-2025.md", "raw_markdown_url": "https://finwiki.zksc.io/banking/japan-stablecoin-bank-perimeter-2025.md", "domain": "banking", "title": "Japan stablecoin / BaaS bank perimeter (2025–2026)", "entry_type": "wiki_entry", "frontmatter": { "title": "Japan stablecoin / BaaS bank perimeter (2025–2026)", "aliases": [ "banking/japan-stablecoin-bank-perimeter-2025", "Japan stablecoin bank perimeter 2025", "改正資金決済法 bank perimeter", "Deposit token vs stablecoin bank boundary", "電子決済手段 bank perimeter" ], "domain": "banking", "type": null, "created": "2026-05-25", "last_updated": "2026-07-29", "last_tended": "2026-07-29", "review_by": "2026-10-27", "confidence": "likely", "tags": [ "banking", "stablecoin", "baas", "regulatory-perimeter", "EPI", "electronic-payment-instrument", "deposit-token", "progmat", "mufg", "regional-bank-pilot" ], "status": "active", "canonical_anchor": null, "related": [], "note": null, "sources": [ "https://www.fsa.go.jp/menkyo/menkyoj/denshikessaisyudan.xlsx", "https://www.fsa.go.jp/menkyo/menkyoj/shikin_idou.pdf", "https://www.fsa.go.jp/menkyo/menkyoj/ginkou.xlsx", "https://elaws.e-gov.go.jp/document?lawid=421AC0000000059", "https://progmat.co.jp/about/", "https://progmat.co.jp/concept/", "https://progmat.co.jp/en/news/2023-09-11-press/", "https://jpyc.co.jp/", "https://www.sbivc.co.jp/usdc", "https://www.hokkokubank.co.jp/other/news/2024/pdf/20240401a.pdf", "https://www.fsa.go.jp/news/27/sonota/20151214-2.html", "https://www.fsa.go.jp/common/shinsei/denanchuukai/index.html" ] }, "summary": "This entry sits under banking index as the bank-side perimeter view of the Japan stablecoin / electronic-payment-instrument (EPI) regulatory architecture. Read it with 日本 Stablecoin 法制度の三層構造 for the fintech-side perimeter view, with the platform anchor Progmat and the issuer anchors JPYC · SBI VC Tr", "headings": [ "Japan stablecoin / BaaS bank perimeter (2025–2026)", "Wiki route", "TL;DR", "1. The three-layer perimeter", "Deposit token — within the standard bank deposit regime", "Category-1 EPI issuance route", "Trust-type EPI (信託型) — the institutional-platform lane", "3. 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