Tokyo Metropolitan Government releases stablecoin social adoption plan, with a maximum subsidy of 40 million yen for yen stablecoin use cases
Foresight News reports, according to the official website of the Tokyo Metropolitan Industrial and Labor Affairs Bureau, Tokyo announced the "Subsidy Guidelines for the Promotion of Stablecoin Socialization Implementation Project" on April 15, 2026, aiming to build a digital economic sphere and enhance the status of the yen by promoting the use of yen stablecoins. This program will support businesses created in Tokyo that utilize yen stablecoins issued within Japan for settlement, remittance, and other use cases. The maximum subsidy per project is 40 million yen (approximately 260,000 USD), covering up to two-thirds of related expenses.
The scope of this subsidy includes external platform usage fees (such as issuance platforms, wallets, blockchain node fees, etc.), professional legal and audit consulting fees, and system development costs. Applicant organizations must have a registered headquarters or branch in Tokyo, and, in principle, the validation or implementation of related projects must be completed by the end of the fiscal year in which the grant decision is made.
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