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Convenience Store Giant Lawson Tests JPYC Stablecoin Payments in Japan’s First POS Retail Pilot
Lawson plans to pilot JPYC stablecoin payments at a Tokyo convenience store in August, marking what it says is Japan’s first POS-linked stablecoin payment test. The experiment could help move yen stablecoins from financial pilots into everyday retail use.
Key Takeaways
Hashport Powers Lawson’s JPYC Stablecoin Pilot Through Existing POS Systems
Japanese convenience store operator Lawson is preparing to test payments using JPYC, a yen-pegged stablecoin, in a move that could push Japan’s digital currency market closer to mainstream retail adoption.
The pilot is expected to begin in early August at Lawson’s Takanawa Gateway City store in Tokyo’s Minato Ward, according to the Nikkei. The company will work with digital asset wallet provider Hashport to allow shoppers to pay for goods through smartphone electronic wallets.
The process will resemble existing mobile payment flows. A customer displays a wallet barcode on a smartphone, and a store employee scans it through the point-of-sale terminal. Hashport then updates the user’s stablecoin balance based on the payment information.
Lawson said it is the first experiment in Japan to link stablecoin payments directly with a POS system.
POS Integration Puts Stablecoins Into Daily Commerce
The key feature of the pilot is not only that JPYC can be used for payment, but that it connects with Lawson’s existing store management infrastructure.
By linking stablecoin payments to the POS system, Lawson can manage purchase data such as product quantity, payment timing, and transaction details within its current operations. That makes the test more meaningful than a simple wallet-to-wallet transfer.
The company plans to evaluate the stability of the POS integration and the time required to complete payments before deciding whether to expand the service more broadly.
Banks and Retailers Move Toward Commercial Use
JPYC use cases are already beginning to spread in Japan.
Chibo, an okonomiyaki restaurant operator, started accepting JPYC at some stores in April. Dental clinics in Tokyo are also planning to introduce JPYC payments in partnership with Hashport.
Japan’s financial sector is moving in parallel. The country’s three largest banks, Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corp. and Mizuho Bank, are conducting stablecoin pilot tests with the Financial Services Agency (FSA).
The broader market opportunity is large. Citigroup has projected that the global stablecoin market could grow from $282 billion last year to between $1.9 trillion and $4 trillion by 2030.
If Lawson moves from pilot to full rollout, the impact could extend beyond one retail chain. It would show that yen stablecoins can operate inside ordinary store payment systems, not only in remittance, trading, or banking pilots.
For Japan, that would mark a practical step toward commercializing stablecoins in daily life.