Foresight News reports that according to Ledger Insights, Japanese yen stablecoin issuer JPYC has completed approximately $12 million in Series B funding, led by Asteria Corporation.
JPYC officially launched in October 2025 under Japan’s fund transfer business regulatory framework, positioning itself as a yen onshore stablecoin. The company has partnered with Densan Systems, which covers a payment network of about 65,000 convenience stores in Japan, to explore domestic payments, cross-border remittances, and travel payments in convenience store settings. Additionally, JPYC has participated in Circle’s stablecoin foreign exchange quoting system StableFX for cross-border settlements.
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