Japanese Yen Stablecoin "JPYC" and Issuance Platform "JPYC EX" to Launch on October 27
JPYC Inc. was registered as a "Fund Transfer Service Provider" (Registration Number: Kanto Local Finance Bureau Director No. 00099) under Article 37 of the Payment Services Act on August 18, 2025. Following a preparation period, JPYC will officially begin issuing Japan's first Japanese yen-denominated stablecoin "JPYC" on October 27, 2025. In conjunction with this issuance, JPYC will launch "JPYC EX," a dedicated platform for handling issuance and redemption requests.
Features of the Japanese Yen Stablecoin "JPYC"
JPYC issued by JPYC Inc. is an "Electronic Payment Instrument" under Article 2, Paragraph 5 of the Payment Services Act, with the following features:
- Exchangeable 1:1 with Japanese yen (issuance and redemption)
- Immediate transfer and receipt while maintaining yen-denominated value
- Low-cost, high-speed on-chain transfers using blockchain technology
- Backing assets for issued value are secured at 100% or more of the issued balance through Japanese yen (deposits and government bonds)
About JPYC EX
JPYC EX is the official platform for conducting JPYC issuance and redemption procedures. Registered users can make issuance reservations on JPYC EX and receive JPYC to their registered wallet address by depositing Japanese yen into a designated account via bank transfer. Similarly, users can make redemption reservations on JPYC EX and receive Japanese yen payouts to their registered withdrawal account by sending JPYC to a designated address. JPYC will initially support Avalanche, Ethereum, and Polygon, with plans for further expansion.
Registration requires identity verification (transaction verification under the Act on Prevention of Transfer of Criminal Proceeds). The Company's transaction verification is standardized to public personal authentication (JPKI) using the My Number card.
JPYC's Open Design and Development Environment
To promote JPYC as an open financial infrastructure that anyone can use, the Company provides the JPYC SDK (Software Development Kit) for developers free of charge.
Using this SDK, developers can easily implement JPYC issuance/redemption applications, on-chain transmission and reception, chain-specific address conversion, balance retrieval, wallet integration, and more with just a few lines of code.
New Economic Sphere Created by JPYC
JPYC is an "open financial infrastructure" that does not require specific merchant contracts or usage agreements as an electronic payment instrument, allowing any business or developer to freely integrate and use it. Therefore, implementation and consideration are progressing across diverse use cases regardless of industry or business type.
Development of payment systems for physical stores and e-commerce (Densan System Co., Ltd.) Utilizing Densan System's payment agency and convenience store payment network of over 65,000 stores including convenience stores and drugstores nationwide, along with JPYC's Japanese yen stablecoin, they will sequentially materialize B2C/B2B payment and inter-company settlement use cases.
Development of integration features for enterprise SaaS "ASTERIA Warp" (Asteria Corporation) ASTERIA Warp, a no-code business integration tool adopted by over 10,000 companies, will add integration features with JPYC. This is expected to enable smoother fund transfers in more situations through automation of fund transfer procedures and workflow integration using JPYC.
Support confirmed for Japan's No.1 web3 wallet "HashPort Wallet" (HashPort Co., Ltd.) The current Osaka-Kansai Expo official digital wallet app "EXPO2025 Digital Wallet" is scheduled to be renewed as "HashPort Wallet" provided by HashPort in October 2025 and will support JPYC. It will provide next-generation user experiences such as multi-chain support and gasless connections to 700,000 users (as of August 2025).
Support confirmed for corporate asset management SaaS "N Suite" (double jump.tokyo Inc.) N Suite, which centrally manages assets and workflows on the blockchain, plans to support JPYC as a preset token. This is expected to improve efficiency in business processing and balance management for corporate use.
Introduction of JPYC payment for credit card charges with nudge card (Nudge Inc.) JPYC payment (deferred payment and prepayment) for credit card charges will begin in October 2025. By utilizing the existing infrastructure of credit cards to connect the on-chain economy with the real economy, the range of stablecoin user applications will expand.
Payment integration confirmed for manga artist support platform "comilio" (U2Tech Inc.) JPYC payment integration is scheduled simultaneously with the release. In the future, it is envisioned as a means of paying compensation to domestic and international manga artists and creators, with expectations for improving the compensation environment surrounding creators through automation and cost reduction via stablecoins.
Support confirmed for profit/loss calculation tool "CryptoLinC" (CryptoLink Inc.) The cryptocurrency profit/loss calculation tool "CryptoLinC" will support JPYC transactions. This will enable users to automatically retrieve and aggregate transaction histories including JPYC and gas fees, making it easy to perform profit/loss calculations necessary for tax returns and accounting processing. The aim is to streamline stablecoin accounting and reduce the workload for individual investors and corporate users.
Future Outlook
JPYC will further enhance the convenience and reliability of "JPYC" through continued expansion of issuance chains and continuous improvement of user experience. As Japan's first issuer (fund transfer service provider) of Japanese yen-denominated stablecoins, JPYC will thoroughly ensure safe and stable operations and fulfill our social responsibilities.
JPYC is designed as an "open financial infrastructure" that anyone can freely integrate, anticipating free utilization by various businesses. Under this open design philosophy, JPYC believes it is its important mission to support the creation and expansion of new use cases utilizing JPYC and to promote innovation in the financial and payment sectors.
As collaborations progress across a wide range of areas including physical store/EC payments, inter-company settlements, Web3 wallets, corporate accounting/SaaS, and creator support, a new economic sphere based on JPYC is rapidly forming. Building on these partnerships, JPYC aims to achieve an issuance balance of 10 trillion yen within the next three years and challenge itself to create new social infrastructure through stablecoins. To accelerate this trend, JPYC will further strengthen collaboration with partner companies and endeavor to develop products and build ecosystems that meet a wide range of needs for both corporations and individuals.
Norbert Gehrke
