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Project Overview
JPYC is a stablecoin pegged to the Japanese Yen that supports NFT purchases and the exchange of crypto assets for real-world goods. JPYC is committed to providing compliant Japanese Yen stablecoin issuance and operation services.
Japan-based stablecoin JPYC completes $32 million Series B funding round
According to CoinPost, Japanese stablecoin issuer JPYC announced the completion of its Series B funding round, raising approximately $32 million. New investors include four institutions, such as Life Design Fund. Since its launch in October 2025, JPYC’s business has grown significantly—reaching 18,000 user accounts and over $220 million in total transaction volume within seven months. JPYC is now supported on four blockchains and has been officially adopted by LINE’s Web3 wallet “Unifi.” The company plans to use the funds to accelerate system development and advance real-world applications of JPYC in AI-powered automated payments and cross-border financial infrastructure.
Gate Ventures: Tech Stocks Drive Market Recovery, Crypto Assets and Investment & Financing Also Recover in Sync
Odaily Odaily News According to the latest weekly report from Gate Ventures, there are signs of a staged recovery at the macro level. While major stock indices showed divergent performance, the overall trend was upward, and market risk appetite has somewhat improved. Against this backdrop, the crypto market rebounded in tandem, with BTC rising by 6.6% and ETH by 4.7%. They also recorded net spot ETF inflows of approximately $823.7 million and $155 million respectively, indicating a strengthening return of capital. The total market capitalization increased by 5.2%, while the market cap excluding BTC and ETH grew by 2.6%, suggesting that upward momentum is beginning to spread to a broader range of assets, albeit at a relatively moderate pace.In terms of asset and sector dynamics, structural opportunities continue to emerge. The top 30 assets averaged a 4.2% increase. Meanwhile, advancements at the on-chain and industry levels are persisting, including ongoing developments in digital currency infrastructure and asset tokenization. Regarding investment and financing, 12 transactions were completed last week, with a total disclosed financing amount of approximately $54.89 million, representing a month-over-month increase of about 31%. Capital primarily flowed into DeFi and infrastructure sectors. Notably, JPYC secured $17.62 million in funding to advance the infrastructure development of its yen-backed stablecoin. 3F completed a $4 million seed funding round, with participants including Gate Ventures. Against the backdrop of a marginally improving macro environment, investment and financing activity has picked up, with capital still focusing on long-term application scenarios and foundational capability building amidst volatile conditions.
JPYC, the issuer of the yen-pegged stablecoin, has completed a $17.62 million Series B extension round.
According to NADA NEWS, JPYC, the issuer and operator of the Japanese yen-pegged stablecoin JPYC, announced that it has raised an additional $17.62 million in the second closing of its Series B funding round. Combined with the first closing, the total funds raised are expected to reach approximately $28.93 million. Participating investors include NCB Venture Capital, Metaplanet, Kitao Bank, and Yokohama Capital, among others. The newly raised capital will be primarily used for system and application development, hiring talent for business expansion, stablecoin issuance and redemption, trading, payments, management-related operations, and new strategic investments. JPYC stated that, as of April 15, its cumulative issuance has exceeded approximately $13.21 million. The stablecoin is currently supported on Avalanche, Ethereum, and Polygon, and the company is considering adding support for Kaia and Arc.
Japan's three major banks to jointly issue stablecoin by March 2027
Japan's three largest banks have announced plans to jointly issue a stablecoin within the current fiscal year ending March 2027. The banking arms of Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group will establish a committee to review the operational framework and prepare for the issuance.The Japanese Financial Services Agency has been supporting the experimental phase of this project as part of Japan's efforts to leverage blockchain technology to enhance its payment systems. Previously, Japanese startup JPYC began issuing a yen-pegged stablecoin in October last year, and this month, a ruling party panel also proposed promoting the use of yen stablecoins for settlements in Asia. (Reuters)
Japan’s Liberal Democratic Party Pushes for Cryptocurrency ETF Legalization and Promotion of Yen-Backed Stablecoins in Asia
According to Cryptopolitan, Japan’s Liberal Democratic Party (LDP) Blockchain Promotion Group recently submitted a proposal to Finance Minister Kayoko Shiozawa, calling for the establishment of a legal framework for cryptocurrency ETF trading and promoting the yen-pegged stablecoin as a payment instrument in Asian markets. The proposal states that cryptocurrency ETFs are easier to operate than direct holdings of crypto assets and should receive formal recognition in the Japanese market. Meanwhile, LDP member Junichi Kanda expressed hopes of promoting the yen-pegged stablecoin policy during the 2027 Asian Development Bank Annual Meeting, which will be hosted in Tokyo. Currently, Japanese startup JPYC launched Japan’s first licensed yen-pegged stablecoin in October 2025, while Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking Corporation, and Mizuho Financial Group have jointly initiated a stablecoin pilot project. Previously, Japan’s Cabinet approved reclassifying cryptocurrencies as financial products, laying the groundwork for implementing the ETF framework.
Japan's three major banks to jointly issue stablecoin by March 2027
Japan's three largest banks have announced plans to jointly issue a stablecoin within the current fiscal year ending March 2027. The banking arms of Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group will establish a committee to review the operational framework and prepare for the issuance.The Japanese Financial Services Agency has been supporting the experimental phase of this project as part of Japan's efforts to leverage blockchain technology to enhance its payment systems. Previously, Japanese startup JPYC began issuing a yen-pegged stablecoin in October last year, and this month, a ruling party panel also proposed promoting the use of yen stablecoins for settlements in Asia. (Reuters)
Japan-based stablecoin JPYC completes $32 million Series B funding round
According to CoinPost, Japanese stablecoin issuer JPYC announced the completion of its Series B funding round, raising approximately $32 million. New investors include four institutions, such as Life Design Fund. Since its launch in October 2025, JPYC’s business has grown significantly—reaching 18,000 user accounts and over $220 million in total transaction volume within seven months. JPYC is now supported on four blockchains and has been officially adopted by LINE’s Web3 wallet “Unifi.” The company plans to use the funds to accelerate system development and advance real-world applications of JPYC in AI-powered automated payments and cross-border financial infrastructure.
JPYC, the issuer of the yen-pegged stablecoin, has completed a $17.62 million Series B extension round.
According to NADA NEWS, JPYC, the issuer and operator of the Japanese yen-pegged stablecoin JPYC, announced that it has raised an additional $17.62 million in the second closing of its Series B funding round. Combined with the first closing, the total funds raised are expected to reach approximately $28.93 million. Participating investors include NCB Venture Capital, Metaplanet, Kitao Bank, and Yokohama Capital, among others. The newly raised capital will be primarily used for system and application development, hiring talent for business expansion, stablecoin issuance and redemption, trading, payments, management-related operations, and new strategic investments. JPYC stated that, as of April 15, its cumulative issuance has exceeded approximately $13.21 million. The stablecoin is currently supported on Avalanche, Ethereum, and Polygon, and the company is considering adding support for Kaia and Arc.
Related news
Japan's three major banks to jointly issue stablecoin by March 2027
Japan's three largest banks have announced plans to jointly issue a stablecoin within the current fiscal year ending March 2027. The banking arms of Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group will establish a committee to review the operational framework and prepare for the issuance.The Japanese Financial Services Agency has been supporting the experimental phase of this project as part of Japan's efforts to leverage blockchain technology to enhance its payment systems. Previously, Japanese startup JPYC began issuing a yen-pegged stablecoin in October last year, and this month, a ruling party panel also proposed promoting the use of yen stablecoins for settlements in Asia. (Reuters)
Japan’s Liberal Democratic Party Pushes for Cryptocurrency ETF Legalization and Promotion of Yen-Backed Stablecoins in Asia
According to Cryptopolitan, Japan’s Liberal Democratic Party (LDP) Blockchain Promotion Group recently submitted a proposal to Finance Minister Kayoko Shiozawa, calling for the establishment of a legal framework for cryptocurrency ETF trading and promoting the yen-pegged stablecoin as a payment instrument in Asian markets. The proposal states that cryptocurrency ETFs are easier to operate than direct holdings of crypto assets and should receive formal recognition in the Japanese market. Meanwhile, LDP member Junichi Kanda expressed hopes of promoting the yen-pegged stablecoin policy during the 2027 Asian Development Bank Annual Meeting, which will be hosted in Tokyo. Currently, Japanese startup JPYC launched Japan’s first licensed yen-pegged stablecoin in October 2025, while Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking Corporation, and Mizuho Financial Group have jointly initiated a stablecoin pilot project. Previously, Japan’s Cabinet approved reclassifying cryptocurrencies as financial products, laying the groundwork for implementing the ETF framework.
Japan-based stablecoin JPYC completes $32 million Series B funding round
According to CoinPost, Japanese stablecoin issuer JPYC announced the completion of its Series B funding round, raising approximately $32 million. New investors include four institutions, such as Life Design Fund. Since its launch in October 2025, JPYC’s business has grown significantly—reaching 18,000 user accounts and over $220 million in total transaction volume within seven months. JPYC is now supported on four blockchains and has been officially adopted by LINE’s Web3 wallet “Unifi.” The company plans to use the funds to accelerate system development and advance real-world applications of JPYC in AI-powered automated payments and cross-border financial infrastructure.
JPYC warns users to be cautious of counterfeit JPYC tokens
: The Japanese stablecoin project JPYC officially issued a notice reminding users that when searching for "JPYC" in a wallet or DEX, counterfeit tokens with similar names, logos, or symbols may appear.The official stated that verifying the authenticity of a token cannot rely solely on its name or icon. Users must strictly check whether the token contract address is completely consistent with the information published in the official FAQ. Even if only one character differs, it is a different token. Additionally, the official reminded users not to perform actions such as transferring, swapping, approving, or signing with unknown tokens.
Japan’s stablecoin project JPYC issued a notice reminding users to beware of counterfeit JPYC tokens.
According to an official announcement by JPYC Co., Ltd. (@jpyc_official), when searching for “JPYC” in wallets or DEXs, users may encounter counterfeit tokens with similar names, logos, or symbols. The official reminder states that token authenticity must not be verified solely based on name or icon; users must strictly cross-check whether the token’s contract address matches exactly the one listed in the official FAQ—any single character difference indicates a different token. Users are also advised against performing any actions—including sending, swapping, approving, or signing—with unknown tokens.
Gate Ventures: Tech Stocks Drive Market Recovery, Crypto Assets and Investment & Financing Also Recover in Sync
Odaily Odaily News According to the latest weekly report from Gate Ventures, there are signs of a staged recovery at the macro level. While major stock indices showed divergent performance, the overall trend was upward, and market risk appetite has somewhat improved. Against this backdrop, the crypto market rebounded in tandem, with BTC rising by 6.6% and ETH by 4.7%. They also recorded net spot ETF inflows of approximately $823.7 million and $155 million respectively, indicating a strengthening return of capital. The total market capitalization increased by 5.2%, while the market cap excluding BTC and ETH grew by 2.6%, suggesting that upward momentum is beginning to spread to a broader range of assets, albeit at a relatively moderate pace.In terms of asset and sector dynamics, structural opportunities continue to emerge. The top 30 assets averaged a 4.2% increase. Meanwhile, advancements at the on-chain and industry levels are persisting, including ongoing developments in digital currency infrastructure and asset tokenization. Regarding investment and financing, 12 transactions were completed last week, with a total disclosed financing amount of approximately $54.89 million, representing a month-over-month increase of about 31%. Capital primarily flowed into DeFi and infrastructure sectors. Notably, JPYC secured $17.62 million in funding to advance the infrastructure development of its yen-backed stablecoin. 3F completed a $4 million seed funding round, with participants including Gate Ventures. Against the backdrop of a marginally improving macro environment, investment and financing activity has picked up, with capital still focusing on long-term application scenarios and foundational capability building amidst volatile conditions.