On July 19, 2026, AZ-COM Maruwa Holdings announced it will use the JPYC stablecoin to pay approximately 2,300 subcontractors and independent drivers.
The company’s ¥1 billion commitment nearly doubles the total JPYC stablecoin supply, which previously ranged between ¥1 billion and ¥1.3 billion.
JPYC debuted on October 27, 2025, as Japan’s first regulated yen-pegged digital currency backed by bank deposits and government bonds.
The stablecoin is compatible with Avalanche, Ethereum, and Polygon blockchains and is classified as a prepaid payment instrument under Japan’s Payment Services Act.
Founded in 1970, AZ-COM Maruwa is one of Japan’s top logistics firms and an official Amazon delivery partner, known for managing extensive subcontractor networks.
The deployment of JPYC for payroll is seen as a potentially pioneering corporate use of a regulated digital asset in Japan.
Japan has maintained strict crypto regulations since the 2014 Mt. Gox collapse and the 2018 Coincheck hack, keeping its market cautious.
This large increase in JPYC circulation raises questions about the stablecoin’s scalability if more major firms follow AZ-COM Maruwa’s lead.
