The JST black hole address has cumulatively burned over 1.356 billions tokens, with deflation continuing.
According to ChainCatcher, TRONSCAN data shows that the JST treasury address (TZJVQuU3CJqBScwoxhRtkxQ7JjsNNrpEag) continues to extract funds from protocol revenues and transfers them to the blackhole address (T9yD14Nj9j7xAB4dbGeiX9h8unkKHxuWwb) for permanent destruction.
As of now, the blackhole address has cumulatively burned more than 1.356 billion JST, accounting for 13.7% of the total supply. All operations are publicly traceable on-chain, and continued deflation driven by real returns is constantly strengthening the scarcity of JST, providing long-term support for the token’s value. This also marks JST’s entry into a new stage of value growth powered by endogenous profits and transparent mechanisms.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Japanese life insurance companies plan to increase holdings of Japanese government bonds, and demand for super-long-term JGBs is expected to improve.
Japan Post Insurance announced plans to increase its purchases of yen-denominated bonds, while Daido Life Insurance has raised its target for domestic bond holdings, focusing mainly on corporate bonds. Meiji Yasuda Life Insurance plans to keep its holdings of Japanese government bonds largely unchanged but will swap low-yield bonds for higher-yield varieties. This week, the 20-year government bond auction recorded a historic high bid-to-cover ratio, and life insurance institutions have been net buyers of super-long-term Japanese government bonds for four consecutive months.

