{"id":61836,"date":"2025-10-27T09:39:31","date_gmt":"2025-10-27T09:39:31","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/jpyc-inc-launches-first-yen-backed-stablecoin-alongside-issuance-and-redemption-platform\/"},"modified":"2025-10-27T09:39:31","modified_gmt":"2025-10-27T09:39:31","slug":"jpyc-inc-launches-first-yen-backed-stablecoin-alongside-issuance-and-redemption-platform","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/jpyc-inc-launches-first-yen-backed-stablecoin-alongside-issuance-and-redemption-platform\/","title":{"rendered":"JPYC Inc. launches first yen-backed stablecoin alongside issuance and redemption platform"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/JPYC-Inc.-launches-first-yen-backed-stablecoin-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/JPYC-Inc.-launches-first-yen-backed-stablecoin-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/JPYC-Inc.-launches-first-yen-backed-stablecoin-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/JPYC-Inc.-launches-first-yen-backed-stablecoin-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>JPYC launches Japan\u2019s first yen-backed, FSA-approved stablecoin.<\/li>\n<li>Japan\u2019s megabanks plan joint yen-stablecoin via MUFG\u2019s Progmat.<\/li>\n<li>JPYC targets 10 trillion yen issuance within three years.<\/li>\n<\/ul>\n<p>JPYC Inc., a Tokyo-based fintech company, has officially launched Japan\u2019s first yen-backed stablecoin, signalling a major shift in the nation\u2019s approach to regulated digital assets.<\/p>\n<p>The stablecoin, named JPYC, <a href=\"https:\/\/x.com\/jpyc_official\/status\/1981619638095213043\">went live on October 27, 2025<\/a>, following approval from Japan\u2019s Financial Services Agency (FSA).<\/p>\n<p>The stablecoin is fully backed by domestic bank deposits and Japanese government bonds, ensuring one-to-one convertibility with the yen.<\/p>\n<h2>Japan\u2019s bold step into regulated stablecoins<\/h2>\n<p>The launch of JPYC marks a historic moment for Japan, making it the first country to circulate a stablecoin fully pegged to its national currency with full regulatory backing.<\/p>\n<p>Alongside the stablecoin, JPYC introduced JPYC EX, a platform that enables users to issue and redeem the token.<\/p>\n<p>The system follows strict identity verification and anti-money-laundering standards under Japan\u2019s Act on Prevention of Transfer of Criminal Proceeds.<\/p>\n<p>JPYC\u2019s President, Noriyoshi Okabe, described the launch as a \u201cmajor milestone in the history of Japanese currency.\u201d<\/p>\n<p>He said the initiative has already attracted interest from seven companies preparing to incorporate the coin into their services.<\/p>\n<p>The company aims to issue up to 10 trillion yen worth of JPYC within three years while promoting it for both domestic and international use.<\/p>\n<p>To encourage adoption, JPYC will not charge transaction fees initially. Instead, it will earn revenue from interest accrued on Japanese government bond (JGB) holdings.<\/p>\n<p>Okabe explained that the goal is to reduce settlement costs and support innovation by offering businesses a low-fee digital transaction system.<\/p>\n<h2>Megabanks prepare to enter the stablecoin arena<\/h2>\n<p>According to a <a href=\"https:\/\/www.reuters.com\/business\/finance\/japans-top-banks-jointly-issue-stablecoin-nikkei-says-2025-10-17\/\">credible source<\/a>, Japan\u2019s three largest banks \u2014 Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking Corporation, and Mizuho Bank \u2014 are also preparing to launch their own yen-backed stablecoins on October 31.<\/p>\n<p>Their joint initiative will use MUFG\u2019s Progmat platform to facilitate corporate settlements, connecting hundreds of thousands of payment terminals across Japan.<\/p>\n<p>Experts say these institutional moves could accelerate stablecoin adoption.<\/p>\n<p>Tomoyuki Shimoda, a former Bank of Japan executive and current academic at Rikkyo University, believes that while yen-based stablecoins may take two to three years to achieve widespread use, megabank participation could quicken the pace.<\/p>\n<p>But despite optimism, regulators and policymakers are treading carefully.<\/p>\n<p>The Bank of Japan\u2019s Deputy Governor, Ryozo Himino, has acknowledged that stablecoins could become \u201ca key player in the global payment system,\u201d potentially altering the role of traditional bank deposits.<\/p>\n<p>However, officials remain cautious about the risks of funds flowing outside regulated financial systems.<\/p>\n<h2>JPYC\u2019s debut signals Japan\u2019s digital finance ambitions<\/h2>\n<p>The global stablecoin market, valued at over $286 billion, is currently dominated by dollar-pegged assets like <a href=\"https:\/\/coinjournal.net\/tether\/what-is-tether\/\">Tether\u2019s<\/a> USDT and Circle\u2019s USDC, which make up around 99% of total supply.<\/p>\n<p>The introduction of a fully yen-backed digital currency represents Japan\u2019s first significant step toward diversifying that landscape.<\/p>\n<p>JPYC\u2019s launch also reflects Japan\u2019s broader ambitions to modernise its financial infrastructure.<\/p>\n<p>By leveraging blockchain technology and government-backed reserves, the firm hopes to build trust in digital payments and enhance cross-border interoperability.<\/p>\n<p>As other Asian economies such as South Korea and China explore similar initiatives, Japan\u2019s early move could position it as a regional leader in stablecoin innovation.<\/p>\n<p>JPYC\u2019s no-fee model, backed by government bonds and regulatory approval, sets a unique precedent for how digital currencies can coexist with traditional financial systems.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/jpyc-inc-launches-first-yen-backed-stablecoin-alongside-issuance-and-redemption-platform\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) JPYC launches Japan\u2019s first yen-backed, FSA-approved stablecoin. Japan\u2019s megabanks plan joint yen-stablecoin via MUFG\u2019s Progmat. JPYC targets 10 trillion yen issuance within three years. JPYC Inc., a Tokyo-based fintech company, has officially launched Japan\u2019s first yen-backed stablecoin, signalling a major shift [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":61837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/61836"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=61836"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/61836\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/61837"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=61836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=61836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=61836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}