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Japanese Yen Stablecoin JPYC Urgently Suspends Ethereum Issuance Reservations: Cause of the Failure Still Under Investigation

2026-09-17 13:54:17

Mars Finance reports that Japanese yen stablecoin issuer JPYC has issued a service disruption notice, announcing the emergency suspension of JPYC issuance reservation services on the Ethereum network. The company stated that the feature is currently suspended, while its technical team is urgently investigating and troubleshooting the specific cause of the disruption. JPYC apologized to affected users and promised to publish an update through official channels as soon as the details are confirmed.

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ETH+3.35%

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Comment

PuddingMarketMaker

an hour ago

The official apology was quick, but users want a compensation plan, not a sorry.

00View Original

StoreOfValue

an hour ago

Even issuing on Ethereum can go wrong; cross-chain projects would be even riskier. Waiting for the root cause.

00View Original

SymTriangleJumper

2 hours ago

This JPYC suspension came suddenly. The yen stablecoin sector is already highly competitive; hopefully, it isn’t an architecture issue.

00View Original

CycleGuru

2 hours ago

Am I the only sucker who rushed in to make a reservation?

00View Original

CandlePoet

2 hours ago

First Review

Technical glitch or contract vulnerability? Wait for the announcement; don’t rush to FUD.

00View Original

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