Japanese Yen stablecoin issuer JPYC completes approximately $12 million Series B funding round, led by Asteria Corporation

CycleProphet · 2026-02-28T01:24:54+00:00

JPYC, the Japanese Yen stablecoin issuer, has completed approximately $12 million in Series B funding, led by Asteria Corporation. JPYC is positioned as an onshore Japanese Yen stablecoin, with plans to collaborate with convenience store payment networks and participate in the stablecoin foreign exchange quoting system StableFX.

CycleProphet

2026-02-28 01:24:54

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

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