Summary
- JPYC raised 6 billion yen through an extended Series B round to expand regulated stablecoin payment services across Japan significantly.
- AZ-COM Maruwa plans to pay 2,300 partners and contractors using JPYC while improving settlement efficiency across logistics operations in Japan.
- SBI Group launched JPYSC while MUFG SMBC and Mizuho develop a joint yen stablecoin supporting broader institutional digital payments adoption.
JPYC Inc. has raised 6 billion yen, or approximately $38 million, through an extended Series B funding round to expand its regulated stablecoin business in Japan. According to the company, the funding will strengthen its financial and Web3 ecosystem while accelerating adoption of its yen-pegged stablecoin across commercial payment services.
The extended financing includes a 1 billion yen, or $6.3 million, investment from Tokyo-listed logistics company AZ-COM Maruwa, following an earlier 400 million yen, or about $2.53 million, investment from Metaplanet Ventures in the same funding round.
The investment reflects growing corporate confidence in regulated stablecoins as Japanese businesses seek faster and more efficient payment solutions. Additionally, JPYC plans to broaden the practical use of its stablecoin across multiple industries.
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Major companies expand stablecoin payment use cases
According to a Nikkei report, AZ-COM Maruwa plans to use JPYC to pay fees and salaries to approximately 2,300 business partners and independent contractors. The company expects faster settlements to improve operational efficiency and strengthen relationships with its contractor network.
Moreover, AZ-COM Maruwa views stablecoin payments as a practical tool to address challenges in Japan’s logistics industry. Faster transactions could also help attract additional contractors despite an aging workforce and tighter overtime regulations.
JPYC has also expanded beyond enterprise payments, reportedly piloting stablecoin payments at a Lawson convenience store location since launching as Japan’s first registered stablecoin last October.
Consequently, the project demonstrates how regulated stablecoins are moving into everyday commercial transactions instead of remaining limited to digital asset platforms.
Traditional banks accelerate stablecoin initiatives
Japan’s supportive regulatory environment has encouraged major financial institutions to expand their stablecoin strategies. That momentum has increased competition as banks develop regulated digital payment infrastructure.
SBI Group launched JPYSC in June as Japan’s first trust bank-backed yen stablecoin. Meanwhile, MUFG, SMBC, and Mizuho are collaborating on a jointly issued yen-backed stablecoin designed for institutional and commercial payments.
The growing involvement of banks alongside private companies highlights broader acceptance of regulated digital currencies. Furthermore, expanding payment initiatives indicate that stablecoins are becoming a larger part of Japan’s financial ecosystem.
Conclusion
JPYC’s latest funding round reflects the steady expansion of Japan’s regulated stablecoin market. Corporate adoption, retail payment pilots, and bank-led initiatives demonstrate that digital payment infrastructure is becoming increasingly integrated into the country’s financial system.
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