JPYC Becomes Official Yen-Pegged Stablecoin Issuer in Japan

🇯🇵 Japan's stablecoin breakthrough

By JPYC
Oct 30, 2025, 3:48 PM
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JPYC has officially become an authorized issuer of a yen-pegged stablecoin in Japan, marking a significant regulatory milestone for digital currency adoption in the country.​

Key developments:

  • Received official approval to issue yen-backed stablecoin
  • Aims to establish digital yen for worldwide usage
  • Represents Japan's first fully regulated stablecoin initiative

The company plans to continue efforts toward making their stablecoin a globally recognized digital yen.​ This approval follows previous regulatory progress, including becoming Japan's first fully backed stablecoin pegged 1:1 to the Japanese yen.​

Full details available in the Japanese press release.​ Follow updates on their official Japanese account @jpyc_official.​

Sources

We are very pleased to have become an official issuer of a yen–pegged stablecoin in Japan. We will continue our efforts to establish it as a digital yen used worldwide.

Jeremy Allaire - jda.eth / jdallaire.sol
Jeremy Allaire - jda.eth / jdallaire.sol
@jerallaire

Congrats to the @jpy_coin team and @noritaka_okabe for his leadership. Circle is proud to be an early investor. Let’s go JPYC/USDC pairs! World's first yen-pegged stablecoin debuts in Japan - reuters.com/sustainability…

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