Rank #38JPYCFiat-Backed

JPYC

Pegged to

JPY

Market Cap

$20.00M

24h Volume

$500.0K

Circulating Supply

20.00M JPYC

Total Supply

20.00M JPYC

Peg Target

JPY

Collateral Type

Fiat-Backed

Issuer

JPYC Inc.

Launch Date

27-01-2021

About JPYC

JPYC is a Japanese Yen (JPY)-pegged stablecoin issued by JPYC Inc., a Tokyo-based company. It is classified as a prepaid payment instrument under Japanese law. JPYC allows Japanese users to access DeFi and crypto services in their local currency. It is available on multiple chains including Ethereum, Polygon, Avalanche, and the Astar Network (popular in Japan). JPYC can be purchased with JPY via bank transfer and used across participating merchants and DeFi protocols.

Supported Blockchains

Ethereum Polygon Avalanche Gnosis Astar

Pros

Compliant with Japanese regulations
Multi-chain deployment
Direct JPY on-ramp
Growing Japanese DeFi ecosystem

Cons

Prepaid instrument — not a true stablecoin legally
Very limited outside Japan
Low DeFi composability
Niche market

Key Features

JPY 1:1 peg

Classified as prepaid payment in Japan

Multi-chain availability

Japanese regulatory compliance

Bank transfer purchases

Merchant payment integration

Stablecoin Information

Community & Socials

Website Twitter / X Discord GitHub