Buy CryptoMarketsSpotFuturesOIL(WTI)EarnEvent Center
More
Gold vs Crypto
The post Japan’s First Legal Stablecoin Set to Transform Digital Yen Payments appeared on BitcoinEthereumNews.com. Japan has officially entered a new era of digital finance. Fintech company JPYC Inc. has launched JPYC, the country’s first legally recognized yen-backed stablecoin, now live on Ethereum, Avalanche and Polygon. The release became effective on October 27, 2025, following the company’s registration as a money transfer service provider under the Payment Services Act. A Regulated Stablecoin Backed by Yen and Government Bonds JPYC is classified as an electronic payment instrument and is designed to maintain a 1:1 value with the Japanese yen. The stablecoin is supported by bank deposits and Japanese government bonds that exceed 100% of JPYC in circulation, ensuring strong collateral and transparency. The stablecoin offers: Instant transfers while maintaining yen-pegged value Low transaction costs and fast on-chain settlement Direct issuance and redemption through the JPYC EX platform Users can deposit yen to receive JPYC in their own wallet or send JPYC back for yen redemption. Access requires My Number Card / JPKI verification, supporting Japan’s compliance-based digital identity system. Growing Ecosystem and a ¥10 Trillion Target JPYC aims to issue ¥10 trillion (≈$65 billion) within three years. For context, USDT’s market cap exceeds $183 billion today, leaving significant room for the yen-based stablecoin market to grow. Multiple companies and services are already integrating JPYC, including Densan System Co., ASTERIA Warp, HashPort Wallet, Nudge Card, and tools for business automation, creator payments, and tax accounting. JPYC Inc. stated that it is working to build an open financial infrastructure that any business or developer can integrate without special agreements, aiming to expand usage in both Japanese and global markets. Source: https://coinpaper.com/11911/japan-launches-its-first-legal-stablecoin-and-millions-may-soon-use-itThe post Japan’s First Legal Stablecoin Set to Transform Digital Yen Payments appeared on BitcoinEthereumNews.com. Japan has officially entered a new era of digital finance. Fintech company JPYC Inc. has launched JPYC, the country’s first legally recognized yen-backed stablecoin, now live on Ethereum, Avalanche and Polygon. The release became effective on October 27, 2025, following the company’s registration as a money transfer service provider under the Payment Services Act. A Regulated Stablecoin Backed by Yen and Government Bonds JPYC is classified as an electronic payment instrument and is designed to maintain a 1:1 value with the Japanese yen. The stablecoin is supported by bank deposits and Japanese government bonds that exceed 100% of JPYC in circulation, ensuring strong collateral and transparency. The stablecoin offers: Instant transfers while maintaining yen-pegged value Low transaction costs and fast on-chain settlement Direct issuance and redemption through the JPYC EX platform Users can deposit yen to receive JPYC in their own wallet or send JPYC back for yen redemption. Access requires My Number Card / JPKI verification, supporting Japan’s compliance-based digital identity system. Growing Ecosystem and a ¥10 Trillion Target JPYC aims to issue ¥10 trillion (≈$65 billion) within three years. For context, USDT’s market cap exceeds $183 billion today, leaving significant room for the yen-based stablecoin market to grow. Multiple companies and services are already integrating JPYC, including Densan System Co., ASTERIA Warp, HashPort Wallet, Nudge Card, and tools for business automation, creator payments, and tax accounting. JPYC Inc. stated that it is working to build an open financial infrastructure that any business or developer can integrate without special agreements, aiming to expand usage in both Japanese and global markets. Source: https://coinpaper.com/11911/japan-launches-its-first-legal-stablecoin-and-millions-may-soon-use-it

Japan’s First Legal Stablecoin Set to Transform Digital Yen Payments

Author: BitcoinEthereumNews
Source: BitcoinEthereumNews
2025/10/27 20:58
2 min read
ERA
ERA$0.1386+0.72%
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Japan has officially entered a new era of digital finance. Fintech company JPYC Inc. has launched JPYC, the country’s first legally recognized yen-backed stablecoin, now live on Ethereum, Avalanche and Polygon. The release became effective on October 27, 2025, following the company’s registration as a money transfer service provider under the Payment Services Act.

A Regulated Stablecoin Backed by Yen and Government Bonds

JPYC is classified as an electronic payment instrument and is designed to maintain a 1:1 value with the Japanese yen. The stablecoin is supported by bank deposits and Japanese government bonds that exceed 100% of JPYC in circulation, ensuring strong collateral and transparency.

The stablecoin offers:

  • Instant transfers while maintaining yen-pegged value
  • Low transaction costs and fast on-chain settlement
  • Direct issuance and redemption through the JPYC EX platform

Users can deposit yen to receive JPYC in their own wallet or send JPYC back for yen redemption. Access requires My Number Card / JPKI verification, supporting Japan’s compliance-based digital identity system.

Growing Ecosystem and a ¥10 Trillion Target

JPYC aims to issue ¥10 trillion (≈$65 billion) within three years. For context, USDT’s market cap exceeds $183 billion today, leaving significant room for the yen-based stablecoin market to grow.

Multiple companies and services are already integrating JPYC, including Densan System Co., ASTERIA Warp, HashPort Wallet, Nudge Card, and tools for business automation, creator payments, and tax accounting.

JPYC Inc. stated that it is working to build an open financial infrastructure that any business or developer can integrate without special agreements, aiming to expand usage in both Japanese and global markets.

Source: https://coinpaper.com/11911/japan-launches-its-first-legal-stablecoin-and-millions-may-soon-use-it

Market Opportunity
ERA Logo
ERA Price(ERA)
$0.1386
$0.1386$0.1386
+0.80%
USD
ERA (ERA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Here’s How Consumers May Benefit From Lower Interest Rates

Here’s How Consumers May Benefit From Lower Interest Rates

The post Here’s How Consumers May Benefit From Lower Interest Rates appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday opted to ease interest rates for the first time in months, leading the way for potentially lower mortgage rates, bond yields and a likely boost to cryptocurrency over the coming weeks. Average long-term mortgage rates dropped to their lowest levels in months ahead of the central bank’s policy shift. Copyright{2018} The Associated Press. All rights reserved. Key Facts The central bank’s policymaking panel voted this week to lower interest rates, which have sat between 4.25% and 4.5% since December, to a new range of 4% and 4.25%. How Will Lower Interest Rates Impact Mortgage Rates? Mortgage rates tend to fall before and during a period of interest rate cuts: The average 30-year fixed-rate mortgage dropped to 6.35% from 6.5% last week, the lowest level since October 2024, mortgage buyer Freddie Mac reported. Borrowing costs on 15-year fixed-rate mortgages also dropped to 5.5% from 5.6% as they neared the year-ago rate of 5.27%. When the Federal Reserve lowered the funds rate to between 0% and 0.25% during the pandemic, 30-year mortgage rates hit record lows between 2.7% and 3% by the end of 2020, according to data published by Freddie Mac. Consumers who refinanced their mortgages in 2020 saved about $5.3 billion annually as rates dropped, according to the Consumer Financial Protection Bureau. Similarly, mortgage rates spiked around 7% as interest rates were hiked in 2022 and 2023, though mortgage rates appeared to react within weeks of the Fed opting to cut or raise rates. How Do Treasury Bonds Respond To Lower Interest Rates? Long-term Treasury yields are more directly influenced by interest rates, as lower rates tend to result in lower yields. When the Fed pushed rates to near zero during the pandemic, 10-year Treasury yields fell to an all-time low of 0.5%. As…
Share
BitcoinEthereumNews2025/09/18 05:59
CryptoQuant: Unrealized profits of whales holding 10,000 to 100,000 ETH hit a new high in November 2021

CryptoQuant: Unrealized profits of whales holding 10,000 to 100,000 ETH hit a new high in November 2021

PANews reported on September 18th that CryptoQuant analyst CryptoOnchain reported that the unrealized profits of medium-sized whales holding 10,000 to 100,000 ETH in Ethereum wallets have climbed to levels last seen in November 2021, when ETH hit its all-time high. This suggests these whales are currently holding significant paper gains, similar to the situation at the previous market peak. Historical data shows that such high levels of unrealized profits are often accompanied by increased selling pressure or profit-taking, potentially influencing price trends. While this may not necessarily trigger an immediate market correction, investor psychology and whale behavior at this stage could have a significant impact on price fluctuations.
Share
PANews2025/09/18 15:37
Top Trader Says One Day the XRP Chart Will Shock Everyone. Here’s why

Top Trader Says One Day the XRP Chart Will Shock Everyone. Here’s why

XRP continues to show strong momentum, attracting attention across the crypto market. A recent post by XRP Queen (@crypto_queen_x) included a chart projecting the
Share
Timestabloid2026/03/13 13:02