JPYC to Start Issuance of Japan's 1st Stablecoin in Autumn
Tokyo, Aug. 20 (Jiji Press)--Japanese fintech company JPYC Inc. has said that it will start issuing the country's first stablecoin, a type of crypto asset, as early as this autumn.
The Tokyo-based firm was approved by the Financial Services Agency as a funds transfer service provider on Monday, getting qualified to issue stablecoins. The company expects its stablecoin to be used for individual international money transfers and corporate payments.
(2025/08/20-13:52)
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