Deep Tide TechFlow News, February 28, According to Ledger Insights, Japanese yen stablecoin issuer JPYC completed approximately $12 million in Series B funding, with Asteria Corporation leading the investment. JPYC officially launched in October 2025 under Japan's fund transfer business regulatory framework, positioning itself as an onshore Japanese yen stablecoin. The company has partnered with Densan Systems, which covers a payment network of about 65,000 convenience stores in Japan, to explore domestic payments, cross-border remittances, and travel payments in convenience store scenarios. Additionally, JPYC has participated in Circle's stablecoin foreign exchange quoting system StableFX, used for cross-border settlements.
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Deep Tide TechFlow News, February 28, According to Ledger Insights, Japanese yen stablecoin issuer JPYC completed approximately $12 million in Series B funding, with Asteria Corporation leading the investment. JPYC officially launched in October 2025 under Japan's fund transfer business regulatory framework, positioning itself as an onshore Japanese yen stablecoin. The company has partnered with Densan Systems, which covers a payment network of about 65,000 convenience stores in Japan, to explore domestic payments, cross-border remittances, and travel payments in convenience store scenarios. Additionally, JPYC has participated in Circle's stablecoin foreign exchange quoting system StableFX, used for cross-border settlements.