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A Japanese logistics company plans to pay 2,300 partner companies using JPYC, which could become the first large-scale enterprise use case of a yen stablecoin

2026-07-20 02:58:22

Abstract generation in progress

Mars Finance news: According to Cointelegraph, Japanese logistics company AZ-COM Maruwa Holdings plans to use the JPYC stablecoin to pay amounts to about 2,300 business partners, which could become the first large-scale case of Japanese companies using the yen stablecoin JPYC. The stablecoin will be used to pay transportation contractors (including truck drivers) for fees and compensation. Because JPYC does not charge transfer fees, using the stablecoin can enable faster and more frequent payments. AZ-COM Maruwa is also considering partnering with JPYC and plans to invest more than 1 billion yen (about $6.2 million). AZ-COM Maruwa is a mid-sized Japanese logistics company, and its main customers include Amazon Japan.

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