According to the official announcement from JPYC, the Japanese yen stablecoin issuer JPYC has signed a memorandum of understanding (MoU) with South Korea's Shinhan Bank subsidiary SBJ Bank in Japan and LINE NEXT. The collaboration aims to conduct a proof of concept (PoC) for direct top-ups of Japanese yen stablecoins via bank accounts and digital wallets. Under the agreement, SBJ Bank will provide bank accounts and payment infrastructure, LINE NEXT will offer its Unifi Wallet and Unifi Pay Web3 technologies, and JPYC will support the issuance and redemption of Japanese yen stablecoins. JPYC is a regulated Japanese yen stablecoin issuer, with its tokens pegged 1:1 to the yen and backed by bank deposits and Japanese government bonds. https://www.(wublock123.com)/news/jpyc-sbj-bank-line-next-jpy-stablecoin-top-up-poc-70502