JPYC tokenized yen sees market cap rise 60% in a month

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JPYC, Japan’s first regulated yen-pegged stablecoin, saw its market capitalization rise approximately 59.5% over the past month, with a 132.8% increase on the Polygon blockchain specifically. Logistics group AZ-COM Maruwa Holdings, an Amazon Japan supplier, announced on July 20, 2026 the adoption of JPYC for payments to approximately 2,300 partners across its supply chain, alongside a 1 billion yen investment, roughly $6.7 million. Operating under Japan’s fund transfer business framework, this stablecoin is backed by domestic yen deposits and Japanese government bonds. JPYC Inc. raised approximately $12 million in a Series B funding round in February 2026.

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Telemac
Telemachttp://cryptoinfo.ch
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