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"description": "JPYC Inc., the Tokyo-based issuer and operator of the Japanese yen-backed stablecoin \"JPYC,\" has successfully concluded its Series B funding round, securing a cumulative total of approximately JPY 5 billion across its first and second closings.\n\nThe newly acquired capital is earmarked for ecosystem expansion across both traditional finance and Web3 domains. According to the company, the funding will shift JPYC from its current demonstration phase into full-scale social implementation, strengthen",
"path": "/stablecoin-issuer-jpyc-raises-jpy-5bn-targeting-mass-adoption-and-m2m-payments/",
"publishedAt": "2026-05-26T23:01:39.000Z",
"site": "https://www.fintechobserver.com",
"tags": [
"JPYC Secures ¥1.78 Billion in Series B First Close to Cement Status as Japan’s Default Stablecoin InfrastructureJPYC Inc., the issuer of the Japanese Yen-pegged stablecoin “JPYC,” has completed the first close of its Series B funding round, raising a total of 1.78 billion yen (approx. $11.8 million USD). The round was led by Asteria Corporation, with participation from a diverse consortium of strategic investorsJapan FinTech ObserverNorbert Gehrke"
],
"textContent": "JPYC Inc., the Tokyo-based issuer and operator of the Japanese yen-backed stablecoin \"JPYC,\" has successfully concluded its Series B funding round, securing a cumulative total of approximately JPY 5 billion across its first and second closings.\n\nThe newly acquired capital is earmarked for ecosystem expansion across both traditional finance and Web3 domains. According to the company, the funding will shift JPYC from its current demonstration phase into full-scale social implementation, strengthening its structural foundation to establish a de facto standard for digital yen circulation.\n\n## Sign up for Japan FinTech Observer\n\nCutting through the noise of Japanese Finance & FinTech\n\nSubscribe\n\nEmail sent! Check your inbox to complete your signup.\n\nNo spam. Unsubscribe anytime.\n\nKey strategic initiatives for the capital deployment include:\n\n * **System and Infrastructure Upgrades:** Building financial-institution-grade security and internal controls to support rapid circulation growth. The company is also investing in seamless developer environments to position JPYC as a native currency for autonomous Machine-to-Machine (M2M) AI transactions.\n * **Talent Acquisition:** Accelerating recruitment across business development, compliance, anti-money laundering (AML/CFT) frameworking, and blockchain engineering to navigate evolving regulatory landscapes.\n * **B2B and Enterprise Expansion:** Enhancing corporate infrastructure to support business-to-business transactions and future digital payroll frameworks.\n * **Strategic Investments:** Maintaining flexibility for new use-case creation and alliance opportunities in a rapidly evolving digital asset market.\n\n\n\n### Market Traction and Infrastructure Expansion\n\nSince securing its Funds Transfer Service Provider registration in August 2025 and launching the stablecoin that October, JPYC has demonstrated significant transaction velocity. As of May 18, 2026, user accounts reached 18,000, with cumulative issuance surpassing JPY 2.5 billion. Notably, overall transaction volume has exceeded JPY 350 billion, reflecting an exceptionally high asset turnover rate where daily transaction liquidity frequently surpasses 100% of the issuance balance.\n\nTo support diverse digital economies, JPYC operates as a multi-chain asset, currently deployed on Ethereum, Polygon, Avalanche, and recently expanding to the Kaia chain. The company is also considering integration with the Arc network for enterprise-level operations.\n\nIn a bid for mass adoption, JPYC was recently selected as an official asset for \"Unifi,\" a next-generation Web3 wallet provided by LINE NEXT. The integration leverages LINE's 100-million-user ecosystem, serving as a critical gateway to embed the stablecoin into daily consumer touchpoints across Japan and the broader Asian market.\n\nThe Series B extension saw participation from prominent institutional investors, including Life Design Fund, IHD STRATEGY FUND, Awagin Future Creation Investment Limited Partnership, and Meiji Yasuda Future Co-Creation Investment Limited Partnership.\n\n* * *\n\nJPYC Secures ¥1.78 Billion in Series B First Close to Cement Status as Japan’s Default Stablecoin InfrastructureJPYC Inc., the issuer of the Japanese Yen-pegged stablecoin “JPYC,” has completed the first close of its Series B funding round, raising a total of 1.78 billion yen (approx. $11.8 million USD). The round was led by Asteria Corporation, with participation from a diverse consortium of strategic investorsJapan FinTech ObserverNorbert Gehrke",
"title": "Stablecoin Issuer JPYC Raises JPY 5bn, Targeting Mass Adoption and M2M Payments",
"updatedAt": "2026-05-26T23:01:39.971Z"
}