JPY Coin is a stablecoin pegged to the Japanese Yen at a 1:1 ratio. It is considered a Prepaid Payment Instrument in Japan and was launched in January 2021. JPY Coin has quickly grown into a multi-million dollar issuance project within a short period of time. It is handled by Prepaid Payment Instruments administered by JPYC.inc, a platform for tokenizing real-world assets.

JPY Coin was founded by Noritaka Okabe, who has been an entrepreneur for over 21 years.

JPYC is the first convenient Japanese yen stablecoin in the market. It provides a way for Japanese users to enter and exit the cryptocurrency world. Due to Japanese laws and regulations, issuing a Japanese yen stablecoin is challenging. JPYC has overcome this by issuing it as a prepaid payment method.

As of May 2022, there are approximately 350 million JPY Coin in circulation. There are two versions available: version 1 and version 2. JPYC is currently transitioning to version 2.

JPYC is a centralized Japanese yen stablecoin project, similar to USDC and USDT in the dollar stablecoin field. JPYC.Inc fully complies with Japanese law and has received investments from well-known venture capitals, including Circle Ventures. JPYC is also backed by Japanese yen in accordance with the Japanese Fund Settlement Law. The smart contracts of JPYC have undergone audits.

JPYC can be purchased through the JPYC Apps on our website. Additionally, JPYC can be used to obtain a Visa prepaid card and make real-life payments. JPYC can also be bought or used for liquidity through DEXes such as Uniswap, Quickswap, Curve, etc.

JPY Coin is a Japanese Yen stablecoin which is supposed to be pegged to JPY at 1:1. JPYC is regarded as an Prepaid Payment Instruments legally in Japan. It was launched in January 2021.JPY Coin has since then grown into a multi-million dollar issuance project in less than half a year.

JPY Coin is a stablecoin that is handled by Prepaid Payment Instruments administered by JPYC.inc, a platform for tokenizing real-world assets.

JPY Coins founder and CEO is Noritaka Okabe who has been an entrepreneur since 21 years ago.

First of all, there was no convenient Japanese yen stable coin in the market before JPYC came into existence. JPYC is a project for Japanese users to get in and out of the cryptocurrency world.

The reason why Japanese stable coin was there is because Japanese laws and regulations make it hard to issue any kind of Japanese yen stable coin. We have invented this way to issue a stable coin as a prepaid payment method.

There were around 350 million JPY Coin in circulation as of May 2022.There are two versions of JPYC available in the market: version 1 and version 2. It is because JPYC is transitioning to version 2 now.

JPYC is a centralized Japanese yen stable coin project just like USDC and USDT in the dollar stable coin field. And JPYC.Inc is fully complied with Japanese law and invested by some famous venture capitals, including Circle Ventures.

JPYC is also backed by Japanese yen according to Japanese Fund Settlement Law.

The smart contracts of JPYC were audited. These are the audit reports.

You can buy JPYC at JPYC Apps on our website.And also you can use JPYC to get a Visa prepaid card,etc to do the payments in real life.

You can also buy or provide liquidity using JPYC through DEXes, e.g. uniswap, quickswap, curve, etc.