5 billion yen Series B, 2.5 billion issued in 7 months; Japan's domestic stablecoin is gaining momentum faster than expected.

JPYC announces the completion of Series B second-round funding for its stablecoin, raising approximately 5 billion yen. New investors include Life Design Fund, IHD STRATEGY FUND, Awa Bank Fund, and Meiji Yasuda Future Fund. The funds will be used for system/application development, talent recruitment, stablecoin payment and management, and AI Agent's M2M payment scene construction. Since obtaining licensing in 2025 and pegging 1:1 to the Japanese yen, in 7 months, there have been 18k accounts, an issuance of 2.5 billion, and a total transaction volume of 3.5 billion yen. It has been launched on Ethereum, Polygon, Avalanche, and Kaia, and integrated with LINE Unifi Wallet to promote adoption among Japanese users.