Tokyo-based JPYC Inc., the issuer of Japan’s regulated yen-pegged stablecoin, has completed an extension of its Series B funding round, bringing the cumulative total raised in the series to roughly 6 billion yen (about $38 million).
The company disclosed the development in an official announcement, noting that the fresh capital will support broader expansion across traditional finance and crypto focused ecosystems while speeding up real-world adoption of its JPYC token.
A key addition in this extension is an investment of 1 billion yen (approximately $6.3 million) from AZ-COM Maruwa Holdings, a Tokyo-listed logistics firm that counts Amazon Japan among its clients.
This participation follows earlier Series B closings that had previously lifted the total toward the 5 billion yen range, including contributions from investors such as Metaplanet Ventures.
The latest injection positions AZ-COM Maruwa as a strategic partner rather than a purely financial backer.
JPYC launched its yen-backed stablecoin in October 2025 after securing registration as a funds transfer service provider under Japan’s regulatory framework.
Fully backed by Japanese yen deposits and government bonds, the token maintains a one-to-one redeemability with fiat yen.
It currently circulates on multiple blockchains, including Avalanche, Ethereum, Polygon, and Kaia, with further chain expansions under consideration.
The company has emphasized the token’s potential for on-chain services, salary and reward distributions, and eventual cash withdrawals via ATMs, aiming to establish it as foundational digital financial infrastructure.
The new funding arrives as JPYC shifts from early issuance growth into wider commercial applications.
Projects exploring in-store payment schemes have begun operating in 2026, building on existing uses such as credit-card purchases and Web3 wallet settlements.
Japanese government policy has provided additional tailwinds: the Basic Policy on Economic and Fiscal Management and Reform 2026, approved by the Cabinet in July, explicitly prioritizes “on-chain finance.”
This concept involves programmable linkage of stablecoin settlements with commercial and logistics data flows on blockchain networks.
AZ-COM Maruwa’s involvement aligns directly with that vision.
The logistics group plans to deploy JPYC for payments to approximately 2,300 business partners and individual contractors, including truck drivers.
By leveraging the stablecoin’s near-instant, low- or no-fee transfers, the firm expects faster settlements and more frequent payouts than traditional bank methods.
Company representatives have linked these efficiencies to efforts addressing labor shortages driven by Japan’s aging population and stricter overtime regulations, while strengthening partner relationships.
The combination of JPYC’s settlement capabilities with AZ-COM Maruwa’s extensive logistics network is viewed as a practical foundation for integrated on-chain systems connecting commerce, physical goods movement, and value transfer.
JPYC intends to channel the proceeds into ecosystem development spanning both conventional finance and decentralized technologies.
This includes scaling issuance and redemption infrastructure, enhancing supporting applications, and pursuing strategic opportunities that accelerate societal implementation of the yen stablecoin.
The company has already demonstrated momentum through partnerships and pilots, such as experiments with convenience store operators and other retail venues exploring stablecoin acceptance at point-of-sale systems.
As Japan’s stablecoin landscape matures—with other institutional players also advancing regulated yen tokens—JPYC’s extended financing and logistics alliance underscore a growing emphasis on practical, enterprise-grade use cases. By bridging digital assets with real-economy operations, the firm seeks to solidify JPYC’s role in everyday payments and broader financial innovation under clear regulatory oversight.