The Japanese Yen stablecoin JPYC will support issuance on three chains: Ethereum, Avalanche, and Polygon.
2025/08/19 08:59
PANews reported on August 19th that PR Times reported that JPYC Co., Ltd. has been registered as a " fund transfer service provider " by the Kanto Local Finance Bureau in Japan, becoming the first institution in Japan to issue a stablecoin pegged 1:1 to the Japanese yen. The JPYC stablecoin will use the Japanese yen as its reserve asset and will be issued on Ethereum, Avalanche, and Polygon. Users can exchange and redeem Japanese yen for JPYC. JPYC is differentiated from traditional cryptocurrencies and aims to enhance digital financial payments and Web3 application scenarios.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
The wave of crypto companies going public is gradually rising: How to reasonably value them to attract the attention of Wall Street?
By Paul Veradittakit, Partner at Pantera Capital Compiled by AididiaoJP, Foresight News Key Points Crypto IPOs unlock huge value despite market pricing challenges. The Token Transparency Framework aims to improve
Share
PANews2025/07/12 15:49
PA Daily | Tiger Securities launches BTC and ETH deposit and withdrawal services; Abraxas Capital purchased $561 million of ETH in the past week
DeFi Development Corp. spent $23.6 million to increase its SOL holdings, bringing its total holdings to 595,988. The Synthetix community proposed to acquire the decentralized options platform Derive at a valuation of $27 million. A trader bought LAUNCHCOIN for $9,075 a month ago, which is currently worth $4.7 million.
Share
PANews2025/05/14 17:30
Dogecoin (DOGE) May See Relief Rally After Major Technical Cue, Analyst Says
Crypto analyst Ali Martinez says the TD Sequential indicator just flashed a “buy” on Dogecoin. Traders will watch $0.21–$0.22 for signs of a short-term bounce.
Share
Blockchainreporter2025/08/19 02:15