JPYC Inc, Japanese fintech startup has launched Japan’s first yen pegged stablecoin, bringing Japan into the global stablecoin market race.
¥JPYC, is backed by bank deposits and Japanese government bonds, ensuring a secure 1:1 peg with the yen.
¥JPYC is currently live on Ethereum, Avalanche, and Polygon, ensuring fast and efficient cross border transactions and digital payments.
The stablecoin ¥JPYC is issued under Japan’s Payment Services Act, which makes it fully regulated and compliant digital asset.
The launch positions Japan as a strong contender in the growing global stablecoin ecosystem.
