Foresight News|Feb 28, 2026 01:15
[Japanese Yen Stablecoin Issuer JPYC Completes $12 Million Series B Funding Round, Led by Asteria Corporation]
According to Foresight News, citing Ledger Insights, Japanese yen stablecoin issuer JPYC has completed a $12 million Series B funding round, led by Asteria Corporation.
JPYC officially launched in October 2025 under Japan's regulatory framework for fund transfer businesses, positioning itself as an onshore yen stablecoin. The company has partnered with Densan Systems, which covers a payment network of approximately 65,000 convenience stores in Japan, to explore domestic payments, cross-border remittances, and travel payment applications in convenience store scenarios. Additionally, JPYC has participated in Circle's StableFX, a stablecoin forex quotation system designed for cross-border settlements.
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