JPYC Raises ¥1.78B ($12M) Series B as Corporate Japan Backs Yen…

Team S · 2026-02-28T13:35:06.000Z

Japan-based fintech company JPYC has secured ¥1.78 billion (approximately $12 million) in a Series B funding round, marking growing interest from traditional corporations in the country’s regulated stablecoin ecosystem. The company operates the JPYC yen-pegged stablecoin, which was launched under Japan’s regulatory framework for fund transfer businesses. JPYC launched its stablecoin in October 2025, positioning itself as the first onshore yen stablecoin issued under Japan’s regulatory structure. The digital currency aims to facilitate faster digital payments and cross-border financial transactions while maintaining stability by being pegged to the Japanese yen. The company is exploring broader use cases including domestic payments, remittances, and tourism transactions through partnerships with payment infrastructure providers. The Series B round raised ¥1.78 billion (around $12 million) and was led by Asteria Corporation, a Japanese IT solutions provider. The funding round included participation from BitFlyer Holdings, along with investment vehicles linked to Meiji Yasuda Life Insurance and West Japan Railway. The strong presence of corporate investors rather than purely crypto-focused funds highlights increasing mainstream institutional confidence in regulated digital currencies in Japan. JPYC is already collaborating with Densan Systems, a payment infrastructure provider connected to more than 65,000 convenience stores across Japan, to explore real-world stablecoin payment applications. These initiatives could expand stablecoin usage across retail payments and e-commerce transactions in the Japanese market.

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JPYC Raises ¥1.78B ($12M) Series B as Corporate Japan Backs Yen… | Newnex