[Japanese Yen Stablecoin Issuer JPYC Completes $12 Million Series B Financing, Led by Asteria Corporation] BlockBeats News, February 28, according to a report by Ledger Insights, Japanese yen stablecoin issuer JPYC has completed a $12 million Series B financing round, led by Asteria Corporation. JPYC officially launched in October 2025 under Japan's fund transfer business regulatory framework, positioning itself as an onshore yen stablecoin. It 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 tourism payment applications in convenience store scenarios. Additionally, JPYC has participated in Circle's StableFX, a stablecoin foreign exchange quotation system, for cross-border settlements.