According to a report by Nikkei on July 20, Japanese mid-sized logistics company AZ-COM Maruwa Holdings plans to use JPYC (a yen-denominated stablecoin) to make payments to about 2,300 business partners, including individual contractors in the transportation industry and truck drivers. AZ-COM Maruwa is also considering partnering with JPYC and investing more than 1 billion yen (about $6.2 million).
Overview of AZ-COM Maruwa’s JPYC Adoption Plan
According to Nikkei, AZ-COM Maruwa Holdings’ JPYC application plan includes the following core elements:
Payment recipients: about 2,300 business partners, including individual contractors in the transportation industry and truck drivers
Payment instrument: JPYC yen-denominated stablecoin
Planned investment size: more than 1 billion yen (about $6.2 million), to build cooperation with JPYC
Payment advantages: stablecoins do not charge transfer fees, supporting faster and more frequent payment times
Plan significance: If implemented, it could become Japan’s first case of large-scale adoption of a yen-denominated JPYC stablecoin by a company
AZ-COM Maruwa is a mid-sized logistics company in Japan, with its main customers including Amazon Japan. JPYC CEO Noritaka Okabe said in a public statement that it will continue to promote integration with logistics and business payment workflows.
Payment Advantages of JPYC Yen Stablecoin and the Backdrop for Stablecoin Use in Japan
JPYC is a yen-denominated stablecoin. Its zero transfer-fee feature makes it suitable for high-frequency, small-value payment scenarios for individual contractors. Traditional bank transfers typically come with fees and have limits on payment frequency, and stablecoin payments can offer differentiated advantages in this scenario.
In the broader context of stablecoin adoption in Japan, Sony Bank and JPYC previously announced tests to enable customers to purchase yen stablecoins immediately from their accounts. AZ-COM Maruwa’s plan is another concrete example of Japanese companies adopting yen stablecoins.
FAQ
What is the scale of AZ-COM Maruwa’s JPYC adoption plan?
According to a July 20, 2026 report by Nikkei, AZ-COM Maruwa plans to use JPYC to pay about 2,300 business partners (including individual contractors such as truck drivers) and is considering investing more than 1 billion yen (about $6.2 million) to establish a partnership with JPYC; the specific implementation timeline will be subject to official announcements.
Why did AZ-COM Maruwa choose to use stablecoin payments?
According to Nikkei, stablecoins do not charge transfer fees, enabling faster and more frequent payments than traditional bank transfers, meeting the logistics industry’s demand for high-frequency, small-value payments to large numbers of individual contractors.
What public statement did the JPYC CEO make about this plan?
Noritaka Okabe, founder and CEO of JPYC, said: “We will continue to promote integration with JPYC’s logistics and business payment processes.”
