🔍Market Summery

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Japanese stablecoin firm JPYC raises $38 million in extended Series B

Japanese stablecoin firm JPYC raises $38 million in extended Series B

JPYC Inc., a registered stablecoin firm in Japan, recently announced that it has raised a total of 6 billion yen ($38 million) in an extended Series B round.The firm, which issues the yen-pegged stablecoin JPYC, announced Wednesday that the round's proceeds will be used to expand its financial and W…

Yen stablecoin issuer JPYC’s Series B reaches $38M

Yen stablecoin issuer JPYC’s Series B reaches $38M

Japanese yen stablecoin issuer JPYC has completed an extension of its Series B funding round, bringing the round’s cumulative total to about 6 billion yen ($38 million).On Wednesday, the company said Japanese logistics group AZ-COM Maruwa Holdings joined the round as a new investor. JPYC said it pla…

Kansai Electric Rewards App Opens JPYC Stablecoin Conversion On Polygon

Kansai Electric Rewards App Opens JPYC Stablecoin Conversion On Polygon

A rewards subsidiary of Kansai Electric Power has launched a loyalty-points conversion route into JPYC on Polygon, giving Japanese users a small but meaningful bridge between closed-loop reward points and on-chain stablecoin payments.The integration involves MOACT’s rewards app, NORM Points, JPYC, P…