
Stablecoins
JPYC Slips Below ¥1 in Brief Market Depeg
Japan's regulated yen stablecoin JPYC briefly moved below its ¥1 target in secondary markets, with an automated market alert recording the token near ¥0.9897.
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Japan's regulated yen stablecoin JPYC briefly moved below its ¥1 target in secondary markets, with an automated market alert recording the token near ¥0.9897.

JPYC Inc. has lifted the cumulative value of its Series B financing to approximately ¥6 billion after securing an extension investment from AZ-COM Maruwa Holdings.

AZ-COM Maruwa Holdings is preparing to use the yen-denominated JPYC stablecoin for logistics payments across its partner network in Japan.