Tokyo, 2025 – JPYC, a licensed fund transfer service provider in Japan, has announced the launch of the country’s first legally approved yen stablecoin, setting a precedent for the nation’s financial innovation.

Key Highlights

  • Issued on Ethereum, Avalanche, and Polygon.

  • Fully backed 1:1 by Japanese yen, through deposits and government bonds.

  • Distinct from JPYC Prepaid, this new stablecoin enjoys broader usage and regulatory oversight.

JPYC – A Regulatory Breakthrough for Yen Stablecoins

  • Recognized as an electronic payment instrument, not classified as volatile “crypto assets.”

  • Noritaka Okabe, JPYC’s representative, emphasized that legal yen stablecoins could boost demand for Japanese government bonds, strengthening economic ties.

Future Outlook & Use Cases

JPYC plans to expand by:

  • Establishing issuance and redemption services.

  • Enabling remittances, payments, and Web3 protocol integrations.

  • Promoting JPY-denominated stablecoins internationally, supporting both corporate and retail adoption.

Conclusion

The launch of JPYC stablecoin is more than a product release — it’s a historic regulatory milestone that positions Japan as a pioneer in global stablecoin adoption.

With JPYC, the Japanese yen steps into Web3, bridging traditional finance and the digital economy.


JPYC launches Japan’s first yen stablecoin, fully backed 1:1 with JPY, issued on Ethereum, Avalanche, Polygon. A landmark moment for Japan’s digital finance.

#JPYC #Stablecoin #JapanFinance #CryptoAdoption #Web3