The Japanese yen is trading at its lowest level in nearly four decades. This has prompted companies to adopt cryptocurrencies like bitcoin and XRP on their balance sheets as a way to hedge against the declining value of the yen. What happened On Tuesday, SBI VC Trade reported that corporate demand for bitcoin and XRP is rising. The yen's slide is pushing firms to diversify their reserves beyond cash. The exchange has now surpassed 2 million registered accounts, roughly double its count from 2025. Hedge funds and the yen Hedge funds have turned the most bearish on the yen since 2007. Bets on further losses have increased to nearly 138,000 contracts betting on a continued decline. This marks a significant shift in investor sentiment towards the Japanese currency. The situation highlights the growing interest among companies in cryptocurrency as an alternative to traditional currency. It appears that this trend will continue as the yen remains weak. This could be an important development for the crypto market, as more businesses open up to digital assets. For more detailed information, read the full article at CoinDesk. This article is not financial advice. Always do your own research before making decisions about your money. Read the full article