Fintech agency JPYC goals to concern roughly $7bn of the brand new cryptocurrency over 3 years
Japan’s Monetary Companies Company will enable JPYC to concern a cryptocurrency absolutely backed by the yen. (Supply images by Nikkei)
TAKANOBU AIMATSU and RYUTA MINAMIHATA
August 18, 2025 00:30 JST
TOKYO — The Monetary Companies Company will approve the issuance of Japan’s first yen-denominated stablecoin as early as autumn, with the goal of utilizing it for worldwide remittances and extra, Nikkei has discovered.