After US, Hong Kong, and Korean stocks were launched, I noticed that Gate (@gatezh) has now added Japanese stocks as well. No need to open a separate Japanese brokerage account or exchange yen yourself—you can directly trade familiar names like Toyota, Sony, SoftBank, and Nintendo using USDT. Super curious about Japanese stocks, so I did a quick look. Basically, it boils down to: Japanese stock bull market + yen bear market. Why has the yen been bearish for so long? What stuck with me is how, in the past, my friends in Shanghai would often fly to Japan for shopping sprees, taking advantage of the cheap prices and cashback strategies. My understanding was that over the past few years, Japan had a significant interest rate gap with the U.S.—Japan maintained ultra-low interest rates for a long time, while the U.S. was in a high-interest-rate cycle... On a practical level, it also reminds me of how many people I knew back then were directly borrowing yen through IB and other brokerage accounts, then using it for immigration, buying property, or spending in Japan. Looking back now, that move was pretty genius—earning returns on USD or USD assets while the yen they borrowed kept depreciating. Honestly, I admire these people—true asset and geographic arbitrage players in the era of globalization.