Japan Launches First Regulated Yen Stablecoin as JPYC Goes Live
Japan’s first Yen-denominated stablecoin, JPYC, has formally launched underneath the nation’s Fee Companies Act, issued by JPYC Inc. The token maintains a 1:1 peg to the yen, is totally backed by money and authorities bonds, and debuts on Avalanche, Ethereum, and Polygon. JPYC goals for ¥10 trillion (approx. US$65.4 billion)Continue Reading












