Nipponica

The new yen-denominated stablecoin will be named JPYC. To peg its value to the yen, it will be backed by such highly liquid assets as deposits and government bonds. Sales are expected to begin in the weeks after registration as a money transfer business is established.

Individuals, corporations and institutional investors wanting to use the new JPYC stablecoin will be able to apply to purchase it and transfer the payment, after which it will be transferred into their electronic wallets. Uses will include such international remittances as sending money to students abroad, as well as corporate payments and the blockchain-based asset management services known as decentralized finance.

For reasons still unknown, we are being dragged into this world against our will.

Among the teachers surveyed, 3,522, or 65.6% of the total, said that they take almost no breaks in the course of a day. The percentage shoots up to 85% when teachers who break for less than 15 minutes are included. The survey results show that a mere 1.5% of the teachers are taking breaks amounting to at least 45 minutes, as stipulated under Japan’s Labor Standards Act.

Many of the survey respondents said that they are not able to go to the bathroom at school because of the lack of breaks, and as a result some teachers have suffered recurrent bladder inflammation.

And I wonder why they are having just a hard time hiring new teachers.