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Japanese Logistics Giant AZ-COM Maruwa to Invest ¥1 Billion in JPYC Stablecoin for 2,300 Contractors

GateNews
According to Crypto Briefing and Wu Blockchain, AZ-COM Maruwa Holdings, a Tokyo Stock Exchange-listed logistics company, announced plans to invest ¥1 billion in JPYC, Japan's regulated yen-backed stablecoin, and use the token to compensate approximately 2,300 partner carriers and independent drivers. This marks Japan's first large-scale corporate deployment of a regulated stablecoin for operational payments. The investment is significant relative to JPYC's existing circulation, which stood at roughly ¥1 billion to ¥1.3 billion before the announcement, making AZ-COM Maruwa's planned investment approximately equal to the token's current supply.
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In-Depth Analysis

AZ-COM Maruwa Adopts JPYC Stablecoin for 2,300 Business Partners

Ethan Brooks07-20 04:03

AZ-COM Maruwa plans to make payments using JPYC, a yen-pegged stablecoin, investing $6.2 million

Market Whisper07-20 01:52

SBI and Ondo Finance announce a partnership to advance the tokenization of Japanese stocks, introducing JPYSC settlement.

Market Whisper07-17 04:01
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