JPYC raised 6 billion yen in fresh funding this week. The stablecoin platform now sits at $106 million total capital across seven rounds since late 2021.
AZ-COM Maruwa Holdings led the latest push. The Tokyo-based logistics firm operates a sprawling network of 2,300 partners, from drivers to subcontractors across the country.
What makes this different: AZ-COM plans to settle payments directly in JPYC with its clients. Amazon Japan is already on the list. It's the first time a major Japanese corporation has moved daily business operations onto a yen stablecoin at scale.
JPYC carries a $55.5 million market cap. The token competes in a tiny corner of the stablecoin world, where dollars dominate everything. Yet adoption is picking up among Japan's largest banks and financial houses, even if volumes remain negligible against the greenback-pegged alternatives.
The move signals a shift in how Japan's corporate sector views blockchain infrastructure. Payment settlement in crypto was theoretical just years ago. Now it's becoming operational reality for logistics chains that move goods worth billions annually.
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