JPYC Raises $38M To Expand Japan’s Stablecoin Payment Network

Japanese stablecoin issuer JPYC has secured $38 million in extended Series B funding to bolster its expansion of a regulated digital payment network across Japan. The capital will be allocated towards developing new products, enhancing compliance capabilities, and scaling JPYC's payment infrastructure for both individual consumers and businesses.

The Series B round was spearheaded by logistics giant AZ-COM Maruwa, with support from existing investors like Metaplanet Ventures. The influx of funds comes as Japanese enterprises increasingly embrace blockchain-powered payment solutions within the country's stablecoin framework, which aims to balance innovation with robust financial system safeguards.

JPYC, which launched its yen-backed stablecoin in October 2025, generates revenue through reserve assets rather than transaction fees. The company's revenue model is underpinned by its commitment to backing every stablecoin token with yen bank deposits and Japanese government bonds, providing holders with the ability to redeem digital assets for Japanese yen.

The funding will enable JPYC to fortify its financial ecosystem and facilitate the wider adoption of regulated digital currencies in Japan's commercial landscape. In addition to advancing its own operations, JPYC has initiated partnerships with entities such as Lawson convenience stores to pilot stablecoin usage in everyday commercial transactions.

Through these collaborations, the company aims to streamline payment processes, reduce administrative burdens, and expedite transaction settlements. Notably, JPYC has also announced plans to integrate its payment processing system with delivery confirmation mechanisms, allowing for automatic payment release upon successful delivery verification.

This innovation could significantly reduce manual invoicing and enhance operational efficiency for logistics companies. As competition in Japan's stablecoin market intensifies, with financial institutions like SBI, MUFG, SMBC, and Mizuho developing their own regulated digital currencies, JPYC remains confident in its position. The company attributes its growth potential to its adherence to stringent regulatory guidelines, proactive expansion of commercial partnerships, and a steadfast focus on building a robust payment infrastructure that caters to the evolving needs of Japan's digital payments ecosystem.