Live markets: Japan's collapsing yen is pushing companies into bitcoin and XRP
Japanese companies are increasingly diversifying their reserves into Bitcoin and XRP as the yen continues to weaken against the dollar. Driven by the interest-rate gap between the U.S. Fed and the Bank of Japan, firms are seeking harder assets to hedge against currency devaluation.
Why it matters
The trend illustrates how macroeconomic instability and currency devaluation can drive corporate adoption of digital assets as a store of value.
SBI VC Trade on Tuesday said corporate demand for bitcoin and XRP is climbing as the currency's slide pushes firms to diversify reserves beyond cash, with the exchange's registered accounts passing 2 million, roughly double its 2025 count.
The article provides a market analysis based on financial data and corporate trends without taking a stance on crypto-assets.
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