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About JPY Coin
JPY Coin (JPYC) is a Japanese yen-pegged stablecoin issued by JPYC Inc. and regulated as a prepaid payment instrument in Japan. Launched in 2021, the asset serves as a unit of account and medium of exchange for the digital economy, enabling the tokenization of real-world assets. The project has undergone migrations (from v1 to v2) to enhance functionality across multiple blockchain ecosystems including Ethereum, Polygon, Avalanche, Astar, Shiden, and Gnosis Chain. It is designed to provide users with exposure to the Japanese Yen within decentralized finance (DeFi) while complying with local financial regulations.
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