VeChain (VET) is a cryptocurrency and blockchain platform created by the Singapore-based VeChain Foundation in 2015. It focuses on optimizing supply chain management, particularly in the logistics industry, by leveraging blockchain technology to solve real-world economic challenges. VET has gained popularity for its comprehensive utilization of blockchain in addressing these issues.

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The Japanese Yen (JPY) is the official currency of Japan and one of the most traded fiat currencies worldwide. Issued by the Bank of Japan (BOJ), the yen plays a crucial role in global finance, particularly in foreign exchange markets and international trade. As a safe-haven currency, JPY is often sought after during economic uncertainty. In the crypto world, JPY is used as a trading pair on some exchanges and has inspired stablecoins like JPY-backed digital assets.