Japan's First! Convert Credit Card Points to Stablecoins. Service Starting June 1, 2026, to Exchange Diners Club Points for JPYC Stablecoin.

JPYC Inc., led by Representative Director Noritaka Okabe, has announced that users of Diners Club cards and TRUST CLUB cards, issued by Sumitomo Mitsui Trust Club (President: Nobuaki Yamaguchi), can now exchange their reward points for the JPYC yen-pegged stablecoin. Starting June 1, 2026, the service will be available via the 'HashPort Wallet,' a non-custodial wallet provided by HashPort Inc. (CEO: Yoshihiro Yoshida). This marks Japan's first collaborative initiative to integrate credit card points into the stablecoin ecosystem. Amidst the global shift towards Web3, stablecoins are playing a pivotal role in digital finance. This service connects credit cards, stablecoins, and non-custodial wallets to offer consumers new financial choices. The converted JPYC can be utilized for payments at physical stores, online e-commerce platforms, settlements within Web3 services, and low-cost peer-to-peer transfers. The service is designed such that it does not perform settlements for point exchanges, thus falling outside the scope of crypto-asset exchange regulations. To commemorate the launch, a 'Point Back Campaign' will run from June 1 to November 30, 2026, offering point rebates to users who convert their rewards. Executives from the three companies expressed strong enthusiasm, emphasizing that this initiative represents a crucial step in bridging existing financial services with blockchain technology, thereby enhancing asset liquidity and convenience for users, while simultaneously acting as a catalyst for the social implementation of stablecoins in Japan.