[JPYC Plans to Invest 80% of Issuance Revenue in Japanese Government Bonds] Japan's first officially licensed yen stablecoin issuer, JPYC, announced plans to invest 80% of its issuance revenue in Japanese government bonds, with the remaining 20% deposited in banks or used to fill the market gap left by the Bank of Japan's slowdown in bond purchases. JPYC began issuing yen stablecoins on October 27, with a current issuance volume of approximately $930,000 and a target of reaching $66 billion within three years. The company's CEO, Noritaka Okabe, stated that the demand for government bonds in stablecoin reserves will be influenced by the balance of supply and demand for stablecoins and that a similar trend may emerge globally.