No Payment Intermediaries: Gaiax's EC/Flea Market Construction Service Utilizing Stablecoins Receives Significant Response, JPYC Comments

Gaiax Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; Representative Executive President: Yuji Ueda; Securities Code: 3775; hereinafter Gaiax) received strong expectations from various parties for solving challenges in existing payment and remittance systems, following its announcement on April 3, 2026, regarding 'Contract Development of Next-Generation Payment Infrastructure Utilizing JPYC.'

Furthermore, on May 11, we began offering 'Stablecoin Payment Introduction Support Service' for businesses. We provide end-to-end support for Japanese Yen stablecoin payments, covering fees, instant deposits, and instant distribution.

In response to the significant feedback on these releases, we are publishing a comment from Mr. Noritaka Okabe, Representative Director of JPYC Corporation (hereinafter JPYC Inc.), which issues the Japanese Yen stablecoin 'JPYC,' expressing his expectations for this initiative.

Comment from Mr. Noritaka Okabe, Representative Director, JPYC Corporation

'The payment infrastructure provided by Gaiax is an extremely important solution that realizes our goal of 'social implementation of Japanese Yen stablecoins' in concrete business settings.

JPYC, after raising funds in Series B, is evolving into a life infrastructure with integrations like LINE NEXT's 'Unifi' and tax refund models. We sincerely hope and support that Gaiax's implementation capabilities will enable a 'middleman-free' transparent economic zone, powered by smart contracts, to permeate the EC and flea market domains.'

Background of Development: Limits of Existing Payment Systems and 'Real Demand' for Stablecoins

In conventional e-commerce sites and flea market apps, significant hurdles included several percent fees to payment intermediaries, delays in sales deposit cycles, and enormous operational costs and fund retention risks associated with 'temporary holding of sales' such as deposits and segregated management.

On the other hand, the Japanese Yen stablecoin 'JPYC' has seen its cumulative issuance exceed 1.3 billion JPY (as of February 2026) and its daily asset turnover rate surpass 100%, indicating an explosive expansion of 'real demand' in payments and remittances. Gaiax solves these issues with programs on the blockchain (smart contracts). With JPYC as the core, which is becoming a life infrastructure through adoption by 'Unifi' from LINE NEXT, Gaiax strongly supports corporate payment DX.

Key Benefits of Provided Solutions

1. EC Site Construction: No Payment Intermediaries, Realizing Ultra-Low Fees

Elimination of Intermediate Costs: A system is built where JPYC is sent directly from buyer to seller, without going through banks or payment intermediary networks. This achieves dramatically lower payment fees compared to existing credit card payments.

Instant Distribution (Automatic Revenue Share): Sales are automatically and instantly distributed to stakeholders (producers, introducers, platform operators, etc.) via program. This also eliminates administrative work and transfer fees for affiliate commission payments.

Multi-chain and Ecosystem Support: Compatible with all chains supported by JPYC, such as Polygon, Ethereum, and Avalanche. Development also considers integration with the latest wallets like 'Unifi' used by LINE users.

Details: https://gaiax-blockchain.com/stablecoin-ec

2. Flea Market App Construction: 'Autonomous Escrow' for Zero Operational Risk

Safe Operation Without Holding Money: Unlike traditional point management or cash deposits, funds are temporarily locked on smart contracts. This technically eliminates the risk of operators holding large amounts of cash (e.g., trust preservation costs).

Automated Receipt Experience: The smart contract automatically unlocks and sends funds to the seller, linked with the 'shipping → receipt evaluation' process. This realizes a transparent and clean payment experience.

Details: https://gaiax-blockchain.com/stablecoin-market-place

Gaiax's Contract Development and Support System

Leveraging knowledge cultivated through information dissemination on 'Blockchain Biz' and support for numerous DAO (Decentralized Autonomous Organization) launches, Gaiax provides customized development optimized for clients' business models.

Responsible Person: Amu Mine, Head of Gaiax Development Department, Chief Web3 Officer / Director of Japan Blockchain Association (JBA) / Representative Director of Japan DAO Association

Value Provided: Proposes practical configurations based on UX design for stablecoin introduction, smart contract security, and the latest legal and regulatory trends (e.g., revised Payment Services Act).

Related Press Releases

Please refer to the following press release for details on each service.

Overturning Payment Fee Norms: Gaiax's EC/Flea Market with 'No Payment Intermediaries' Utilizing Stablecoins Keywords: