JPYC’s total issuance exceeds 3 billion yen: Challenges for the ‘real economy’ revealed by expanding
JPYC, a leading Japanese yen-pegged stablecoin provider, has announced that as of 30 May 2026 (Japan Standard Time), the cumulative number of accounts opened on ‘JPYC EX’—the platform for issuing and redeeming the Japanese yen stablecoin ‘JPYC’—has exceeded 19,000, with the cumulative issuance value surpassing 3 billion yen.
Recently, improvements in convenience following the relaxation of issuance caps and the expansion of the user base through support for the new ‘Kaia’ chain have been progressing, with the expansion into diverse use cases such as practical payments and incentive distribution being the main factors.
JPYC has begun offering lending services through BTCFi, and it appears that JPYC holders are participating in lending via this platform. However, given that the barriers to lending and the high minimum deposit requirements are likely to result in losses, I personally believe that integrating JPYC into the real economy must take precedence.
Source: Cumulative account openings on the issuance and redemption platform ‘JPYC EX’ exceed 19,000, with cumulative issuance value surpassing 3 billion yen – PR TIMES / JPYC Co., Ltd. https://prtimes.jp/main/html/rd/p/000000321.000054018.html
