Thai scammer's $122M wallet, Japan embraces crypto credit: Asia Express

60-second summary

Japan is embracing cryptocurrency with open arms, with Bitcoin-backed mortgages and stablecoin yields gaining traction. Hyundai is testing Avalanche for global stablecoin transfers, a move that could revolutionize cross-border transactions. Meanwhile, a Thai scammer's wallet containing $122 million in cryptocurrency is being targeted by authorities, highlighting the need for increased security measures in the industry.