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JPYC to Deploy Japanese Yen Stablecoin on Ethereum, Avalanche, Polygon

Summary: According to reports, JPYC, the issuer of Japanese Yen stablecoin, has announced the completion of registration as an operator of fund transfer business, with plans to deploy its stablecoin on Ethereum, Avalanche, and Polygon. On November 10, 2021, JPYC completed a Series A funding round of 500 million yen (approximately $4.43 million), with Headline Asia ...

According to reports, JPYC, the issuer of Japanese Yen stablecoin, has announced the completion of registration as an operator of fund transfer business, with plans to deploy its stablecoin on Ethereum, Avalanche, and Polygon. On November 10, 2021, JPYC completed a Series A funding round of 500 million yen (approximately $4.43 million), with Headline Asia leading the investment and Circle Ventures participating.

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