On May 19, Japan's Financial Services Agency announced amendments to the Cabinet Office Ordinance, bringing foreign 'trust-type stablecoins' that meet equivalency requirements under the electronic payment methods regulatory framework starting June 1. On the other hand, traditional value investor Duan Yongping, through H&H International Investment, opened a new position in Circle in Q1 2026, with a market value of approximately $19.08 million—just 0.1% of the $20.004 billion portfolio. Regulation only opens a narrow door, and old-school capital is testing the waters with minimal positions. This kind of two-way 'limited opening' feels more like the real entry pace for compliant stablecoins. Do you think this is cautious or steady? #Japan #Stablecoin #Circle