Asia Market Daily: Japan's JPYC stablecoin gains traction amid bank outages (2026/11/11)

What the source reports

Japan's yen-pegged JPYC stablecoin sees rising demand as bank service disruptions mount. South Korea's opposition pushes to scrap crypto taxes outright rather than delay them. Anthropic seeks up to $3.5 billion from Japanese investors in its IPO, while Baidu and Alibaba unveil new open-source AI models.