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Japan Blockchain Infrastructure Plans to Launch EJPY Yen Stablecoin on JOC and Ethereum in Fiscal 2026

GateNews

Token Events ethereum news

2026-05-13 03:02:19

JOC-1.7%

ETH1.13%

According to CoinPost, Japan Blockchain Infrastructure formally decided to issue EJPY, a yen-backed stablecoin, with plans to deploy on Japan Open Chain (JOC) and Ethereum. The company targets launch on JOC within fiscal year 2026. EJPY will focus on intercompany settlements, digital asset payments, transfers, and various Web3 payment scenarios, with JOC serving as the core hub for multi-chain expansion. Details on issuance timing, conditions, partner institutions, and applicable blockchains remain pending coordination with regulators and relevant stakeholders.

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