Analyst Says XRP Could Ease Japan’s Yen Crisis

Crypto analyst EGRAG CRYPTO argued XRP could help Japan reduce its yen carry-trade strain by replacing prefunding with on-demand liquidity, according to BeInCrypto, though he said the token would be a transactional bridge rather than a reserve currency or legal tender. The proposal would let Japanese institutions move yen through XRP in seconds, potentially lowering idle foreign balances and settlement costs, but it faces major hurdles including liquidity, regulation, custody and bank integration.