JPYC Launches Japan’s First Regulated Yen Stablecoin on Public Blockchain

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2025-10-27 15:08:01

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Tokyo-based fintech firm JPYC has officially launched Japan's first regulated yen-backed stablecoin on public blockchains. The digital asset, pegged 1:1 to bank deposits and Japanese government bonds, received regulatory approval ahead of its October 27, 2025 debut.

"This marks a historic moment for Japanese currency," declared JPYC President Noriyoshi Okabe at the Tokyo launch event. The stablecoin represents a significant advancement in Japan's crypto regulatory framework and digital currency adoption.

JPYC's infrastructure enables global yen distribution, with the company positioning its solution as a tool for financial inclusion. The launch follows growing institutional interest in blockchain-based payment systems throughout Asia.

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