Written by Ezra Reguerrastaff writerReviewed by Yohan Yunstaff editor

Written by Ezra Reguerrastaff writer

Reviewed by Yohan Yunstaff editor

Yen stablecoin issuer JPYC’s Series B reaches $38M

Latest NewsPublishedAug 6, 2026

JPYC stated it plans to utilize the new capital to expand its financial and Web3 ecosystem and accelerate adoption of its yen-pegged token.

Japanese yen stablecoin issuer JPYC has completed an extension of its Series B funding round, bringing the round’s cumulative total to about 6 billion yen ($38 million). 

On Wednesday, the company stated Japanese logistics group AZ-COM Maruwa Holdings joined the round as a new investor. JPYC stated it plans to utilize the proceeds to expand its financial and Web3 ecosystem and accelerate the adoption of its yen-pegged stablecoin.

JPYC did not disclose the exact amount raised through the extension or the size of AZ-COM’s investment. nevertheless, the round’s cumulative total increased by about 1 billion yen from about 5 billion yen revealed in May. It also did not provide financial terms for the companies’ capital and business alliance.

On July 20, Nikkei reported that AZ-COM was considering investing more than 1 billion yen in JPYC. AZ-COM was exploring the utilize of the stablecoin to pay about 2,300 delivery partners and contractors. 

Cointelegraph contacted JPYC for details about the investment and the partnership’s planned applications but had not received a response by publication.

JPYC stated Wednesday that combining its stablecoin with AZ-COM’s logistics network could support onchain finance integrating commercial, logistics and payment flows.

Related: Japan stablecoin payments advance with Lawson trial, Netstars launch

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Stablecoin
• Japan
• Yen
• Funding
• Cryptocurrency Investment
• Investments

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