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Japan’s JPYC Launches World’s First Yen-Backed Stablecoin

Japan’s JPYC Launches World’s First Yen-Backed Stablecoin

Author:

Global Cryptocurrency

Published:

2025-10-27 06:31:02

6

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BTCCSquare news:

JPYC Inc has introduced Japan's inaugural yen-pegged stablecoin, JPYC, alongside its dedicated issuance and redemption platform, JPYC EX. The stablecoin is fully collateralized 1:1 with Japanese yen, backed by bank deposits and government bonds, ensuring robust reliability.

Available on Avalanche, Ethereum, and Polygon blockchains, JPYC aims to streamline digital payments and accelerate Japan's transition toward blockchain-based finance. This development underscores the country's growing embrace of cashless solutions and decentralized financial infrastructure.

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