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JPYC debuts Japan’s first fully yen-backed stablecoin

JPYC debuts Japan’s first fully yen-backed stablecoin

On Monday, Japanese startup JPYC officially launched a yen-denominated stablecoin, JPYC. The Japanese firm also announced the debut of its issuance and redemption platform, JPYC EX, which will support...

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1 min
Tokyo-based fintech JPYC secures approval for Yen-backed stablecoins

Tokyo-based fintech JPYC secures approval for Yen-backed stablecoins

Japan’s three largest banks (Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho) are joining forces to launch stablecoins backed by both the yen and the U.S. dollar, according to Nikkei. These digital curren...

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1 min