JPYC, a registered stablecoin issuer in Japan, raised 6 billion yen (approximately $38 million) to expand its financial and Web3 ecosystem. AZ-COM Maruwa contributed $6.3 million with plans to pay employees and its 2,300 business partners using the stablecoin. This funding round signals a shift toward real-world payments rather than token issuance. On-chain circulation remains near $18.5 million, but enterprise demand is increasingly driving network activity. JPYC aims to position yen-backed stablecoins as everyday payment infrastructure within Japan’s digital economy.
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