JPYC Secures $38 Million to Drive Japanese Stablecoin Adoption

The capital infusion arrives as JPYC accelerates its integration into traditional business operations. AZ-COM Maruwa intends to leverage the yen-backed stablecoin to streamline payments for approximately 2,300 business partners and independent contractors, including truck drivers. By bypassing conventional bank transfers, the logistics firm aims to achieve faster settlements and mitigate labor shortages by offering more frequent payment cycles to its network.

Beyond logistics, JPYC is actively testing retail applications through a series of pilots with convenience store chain Lawson. These trials, which include support for USDC and USDT, are evaluating transaction speeds and wallet integration at point-of-sale registers. Similar initiatives are underway at selected Chibo restaurant locations and dental clinics in Tokyo and Chiba.

Metaplanet, which previously contributed 400 million yen to the Series B round, is deepening its involvement through a joint study with JPYC and Progmat. The collaboration explores the use of Bitcoin as collateral for tokenized corporate bonds and other blockchain-based credit products. This activity coincides with broader regulatory shifts in Japan, where authorities are fostering a environment for domestic stablecoins. While SBI Group launched its own trust bank-backed asset in June, major institutions like MUFG and Mizuho are preparing for live transactions by fiscal 2026, supported by a newly updated legal framework for digital assets.