JPYC Lands ¥6 Billion for Yen Stablecoin Expansion
JPYC, a yen-backed stablecoin issuer, has secured ¥6 billion in Series B extension funding to scale its infrastructure across Japan's commercial landscape.
The capital injection will accelerate the deployment of compliant yen stablecoins across retail environments, supply chain operations, and blockchain-based financial services.
AZ-COM Maruwa Holdings committed ¥1 billion as a strategic partner in this latest funding phase. The logistics conglomerate aims to integrate JPYC into its payment workflows for shipping costs, independent contractor compensation, and employee wages.
Lawson, a major retailer, has initiated testing of stablecoin transactions through its standard cash register infrastructure. Select Chibo restaurant branches have also deployed the stablecoin as a customer payment option.