BlockBeats News, March 2 — Japanese yen stablecoin issuer JPYC has signed a strategic memorandum of understanding with Sony Bank and its Web3 subsidiary BlockBloom. The parties plan to offer real-time bank account transfer functionality on the “JPYC EX” platform, allowing users to purchase JPYC directly from their Sony Bank accounts without manual remittance. Additionally, they will explore collaborations with entertainment IPs such as music and gaming to apply JPYC in digital content purchases and fan rewards.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Coincheck announces the completion of approximately 99.8% equity acquisition of Canadian digital asset management company 3iQ
Coincheck Group N.V. announces the completion of the acquisition of approximately 99.8% of 3iQ Corp., further strengthening its global expansion in institutional clients, ETFs, and staking services. 3iQ is known for its compliant digital asset funds, and the acquisition will promote synergistic development with its existing subsidiaries.
GateNews13m ago
Ripple Expands XRPL Ecosystem Strategy With New Funding and Accelerator Programs for 2026
Ripple has injected $550 million into XRPL ecosystem since 2017, and this year, it will expand its focus to a more distributed model for founders.
This includes launching a fintech builder program, the new XAO DAO for the XRPL network, and increased support for XRPL Commons.
This year, Rippl
CryptoNewsFlash22m ago
Solana Mobile Launches Modular Integration Solution Solana Mobile Stack for Android Hardware Manufacturers
Solana Mobile has launched the Solana Mobile Stack for Android hardware manufacturers to enable hardware differentiation. This solution supports secure storage of digital assets, fast transfers, and integration with multiple payment platforms, offering a revenue-sharing transaction model.
GateNews36m ago
Avalanche Gains Momentum as Progmat Launches Dedicated L1 for Japan’s $2B+ RWAs
Japan’s largest security token platform is migrating more than $2 billion in real estate and corporate bonds from Corda to a dedicated L1 on Avalanche.
The initiative brings together some of Japan’s largest firms, from Toyota to Konami and TIS Inc., giving Avalanche a route into Japan’s
CryptoNewsFlash2h ago
Coming as early as Q2! Japan's SBI will launch the Japanese Yen stablecoin "JPYSC".
SBI Holdings and Startale Group jointly launch Japan's first Japanese Yen stablecoin "JPYSC," expected to be listed in the second quarter of this year, pending regulatory approval. This stablecoin is backed by a trust bank and targets institutional and cross-border applications, aiming to enhance the position of the Japanese Yen in digital finance while complying with Japanese regulatory standards.
区块客3h ago
European multi-bank joint stablecoin issuer Qivalis expands to 12 members, negotiating with exchanges to launch in the second half of the year
The stablecoin issuing organization Qivalis, composed of major European banks, has increased its members to 12. It plans to launch the euro stablecoin in the second half of 2026 and is negotiating with multiple platforms to ensure its launch. The stablecoin is pegged 1:1 to the euro, ensuring 24-hour redemption.
GateNews4h ago
