Japanese Yen Stablecoin "JPYC" Secures Additional 2.8 Billion Yen in Series B 2nd Close
JPYC Corporation has secured an additional 2.8 billion yen in its Series B 2nd Close for the Japanese Yen stablecoin "JPYC". With registration as a fund transfer service provider in August 2025, it will become the first domestic issuer of a Japanese Yen stablecoin, driving digital financial innovation.
📋 Article Processing Timeline
- 📰 Published: April 20, 2026 at 15:30
- 🔍 Collected: April 20, 2026 at 16:01 (31 min after Published)
- 🤖 AI Analyzed: April 20, 2026 at 17:28 (1h 26m after Collected)
JPYC Corporation has been developing stablecoin-related businesses since 2021. In August 2025, after obtaining registration as a fund transfer service provider, it became the first domestic fund transfer service provider to be able to issue the Japanese Yen-denominated stablecoin "JPYC". JPYC aims to become a core player in the Japanese Yen-denominated stablecoin business both domestically and internationally, leveraging characteristics such as transparency and low-cost remittances to promote efficient digital financial innovation.