Key Highlights:
- JCB, Digital Storage, and Resona will take a look at USDC and JPYC funds.
- The experiment will use USDC on Base and JPYC on Polygon.
- Consumer expertise, blockchain processing, service provider settlement, and backend operations will likely be examined.
JCB, Digital Storage, and Resona Holdings will take a look at stablecoin funds at a Tokyo cafe beginning February 24. The businesses will run the proof-of-concept with MynaWallet at Pangaea Cafe in Shibuya. Individuals will use USDC and JPYC to pay by way of self-custody wallets. The trial will run on weekdays after 2 PM till March 2.
USDC and JPYC Trial Runs on Base and Polygon
JCB, Digital Storage, and Resona Holdings announced the experiment on February 19. The businesses will conduct the trial with MynaWallet at Pangaea Cafe & Bar on the tenth ground of Shibuya Parco DG Constructing. The take a look at will use the US dollar-pegged stablecoin USDC on Base and the yen-pegged JPYC on Polygon. Individuals will use self-custody wallets to finish funds on the retailer.
Clients paying with USDC will use the Base App pockets, whereas JPYC customers will use Myna Pockets. The shop will use a devoted app developed for retailers throughout the trial interval. The system will convert stablecoin funds into Japanese yen for closing settlement. The businesses will assessment the complete fee course of from checkout to post-payment operations.
Digital Storage may also present a Web3 expertise and data of cryptocurrency change in the mission. JCB will use its expertise in fee programs and cashless settlement programs for retailers. Resona Holdings may also examine commercialization by its conventional monetary service operation. MynaPay would be the fee interface that’s provided by MynaWallet.
The businesses acknowledged that the trial will determine operational points in real-world transactions. They may take a look at person expertise, blockchain-based processing, and settlement flows on the again finish. The businesses began to work on stablecoin social implementation on January 16. Findings of this take a look at will likely be used by them to assist in the additional improvement plans.
TRM Labs Report Exhibits Rising Stablecoin Utilization
As Japan units its foot into stablecoin testing, a 2025 report by TRM Labs detailed international adoption tendencies. TRM Labs reported that retail-led crypto transactions rose greater than 125% between January and September 2024 and the identical interval in 2025. The report acknowledged that people more and more use crypto for funds, remittances, and worth preservation.
The Nation Crypto Adoption Index ranked India first for the third consecutive yr. America held the second place, whereas Japan ranked ninth worldwide. TRM Labs revealed that US crypto transaction quantity exceeded USD 1 trillion between January and July 2025. The agency stated this marked a roughly 50% improve in contrast with the identical interval in 2024.
TRM evaluation confirmed that stablecoins accounted for 30% of crypto transaction quantity between January and July 2025. The report acknowledged that greater than 90% of fiat-backed stablecoins stay pegged to the US greenback. Tether’s USDT and Circle’s USDC represented 93% of the overall stablecoin market capitalization. TRM additionally recorded regulatory developments in the USA, Hong Kong, and the European Union throughout 2025.
In line with TRM, stablecoin transaction quantity rose 83% between July 2024 and July 2025. The agency reported that stablecoins processed over USD 4 trillion in transaction quantity between January and July 2025. Main stablecoins elevated their market share by 52% throughout the identical interval.
