[Japanese Yen Stablecoin JPYC Surges Past 3 Yen After Listing on Upbit] According to a report by Jinse Finance, Japan's first licensed Japanese Yen stablecoin, JPYC, was listed on South Korea's largest cryptocurrency exchange, Upbit, this week. Its price subsequently surged significantly, reaching over 3 yen at one point. Currently, the JPYC/KRW trading pair has become one of the most active markets on the platform, with its 1:1 peg to the yen drawing market attention.