JPYC officially obtained the “Money Transfer Operator” license from the Japan Financial Services Agency in October 2025, becoming a legally compliant issued Japanese yen stablecoin. In 2023, Japan began regulating the issuance of stablecoins to ensure market oversight and consumer protection.
JPYC adopts mainstream smart contract platforms such as Ethereum, Avalanche, and Polygon, implementing multi-chain deployment for cross-chain value circulation, and is backed by yen deposits and government bonds as full reserves to ensure exchange value.
Users must verify their identity through the Japanese government’s My Number Card and are monitored under the “Anti-Money Laundering Act” to ensure fund security and transaction transparency, reducing risks.
Initially, no transaction fees will be charged, and the revenue will come from the interest generated by holding government bonds. The goal is to achieve a remaining issuance of 10 trillion yen within three years, targeting institutional and global markets to promote the popularization of digital finance in Japan.
With the three major banks in Japan launching related stablecoin plans and the rapid evolution of financial technology, JPYC is expected to become the pillar of the digitalization of the yen and cross-border payments.
JPYC leads the transformation of digital currency in Japan, solidifying the ecosystem of legal digital currency and ushering in a new era of financial innovation.
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