JPY Coin

JPYC Price

About JPY Coin (JPYC)

JPY Coin is a Japanese Yen stablecoin designed to facilitate seamless on-chain payments and value transfer while maintaining a 1:1 peg with the Japanese Yen.

• It operates as a non-custodial asset, allowing users to manage their funds directly through compatible wallets without relying on a centralized intermediary.
• The token is issued by JPYC Inc., a Japan-based company registered as a fund transfer service provider under the Payment Services Act.
• It is compatible with multiple blockchain networks, including Ethereum and Avalanche, providing broad interoperability for various decentralized applications.

What Is JPY Coin

JPY Coin (JPYC) serves as a digital representation of the Japanese Yen on public blockchains, enabling users to engage in the digital economy using a familiar unit of account. The token is designed to bridge the gap between traditional finance and the decentralized ecosystem by providing a stable medium of exchange that avoids the price volatility common in the cryptocurrency market.

Value moves through the system when users purchase JPYC with Japanese Yen through the official JPYC EX service, receiving tokens that can be sent globally or used in protocol service fees within decentralized applications. The token is "put to work" primarily as a settlement layer for payments and as liquidity in decentralized finance protocols. As the ecosystem grows, JPYC scales by increasing the circulating supply backed by equivalent reserves of Japanese Yen and government bonds, ensuring that every token in circulation is fully collateralized.

What Makes JPY Coin Unique

• Regulatory Compliance: JPYC was one of the first stablecoins in Japan to navigate the local Payment Services Act, originally launching as a prepaid payment instrument before transitioning to an electronic payment instrument.
• Multi-Chain Availability: Unlike many regional stablecoins restricted to a single network, JPYC is available on Ethereum, Polygon, Avalanche, and Kaia, allowing for cross-chain utility.
• Direct Redemption: Through the JPYC EX platform, verified users can redeem JPYC directly for Japanese Yen deposited into their bank accounts, ensuring a clear exit path to fiat.

What Can You Use JPY Coin for?

JPY Coin is pegged to the Japanese Yen.

1. Value retention: The asset allows users to hold a digital, on-chain representation of the Japanese Yen, which may reduce exposure to the volatility inherent in the broader cryptocurrency market.
2. Yield generation: Users can engage in yield-generating activities through decentralized lending and liquidity-provisioning protocols. The token's reserves are partially backed by Japanese Government Bonds, providing a stable foundation for its value.
3. Cross-border settlement / value transfer: JPYC enables international remittances and global trade by allowing users to transfer Japanese Yen value across borders in seconds with minimal transaction costs.
4. Collateralization: The token can be used as backing for borrowing and lending protocols or as margin for decentralized derivatives, as supported by various integrated platforms.

How Does JPY Coin Work?

JPY Coin is built on the ERC-20 token standard, ensuring compatibility with a wide range of wallets and decentralized exchanges. When a user purchases JPYC, the issuing company receives the equivalent amount in fiat and mints new tokens to the user's wallet. These fiat reserves are managed in compliance with Japanese regulations, primarily consisting of cash, bank deposits, and Japanese Government Bonds.

The protocol operates on a non-custodial basis, meaning users retain full control over their private keys and assets. While the token is used to interact with decentralized services, users must pay protocol service fees in the native asset of the underlying blockchain (such as ETH or AVAX) to process transactions.

Team Info and Investors

JPYC is developed and managed by JPYC Inc. (formerly Japan Crypto Asset Market, inc.), which was founded in November 2019 by Noritaka Okabe. The company is a registered fund transfer service provider in Japan. In early 2026, the project secured a significant Series B funding round, raising over 45 billion JPY across multiple closes to expand its domestic payment infrastructure. Major partners and collaborators include Circle, the issuer of USDC, and LINE NEXT through its Unifi wallet integration.

Where can you buy JPY Coin?

JPYC tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade JPY Coin is Uniswap V4 (Polygon), where the most active trading pair USDC/JPYC has a trading volume of $194,657.88 in the last 24 hours. Other popular options include Uniswap V4 (Ethereum) and Uniswap V3 (Polygon).

What is the daily trading volume of JPY Coin (JPYC)?

The trading volume of JPY Coin (JPYC) is $338,747.52 in the last 24 hours, representing a 27.80% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for JPY Coin (JPYC)?

JPY Coin (JPYC) reached an all-time high of $0.006716 and an all-time low of $0.006164. It’s now trading -8.00% below that peak and 0.30% above its lowest price.

What is the market cap of JPY Coin (JPYC)?

Market capitalization of JPY Coin (JPYC) is $20,256,850 and is ranked #792 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of JPYC tokens (3.3 Billion tokens are tradable on the market today).

What is the fully diluted valuation of JPY Coin (JPYC)?

The fully diluted valuation (FDV) of JPY Coin (JPYC) is $20,256,850. This is a statistical representation of the maximum market cap, assuming total number of 3.3 Billion ETH tokens are in circulation today.

How does the price performance of JPY Coin compare against its peers?

With a price decline of -0.50% in the last 7 days, JPY Coin (JPYC) is outperforming the global cryptocurrency market which is down -3.30%, while underperforming when compared to similar Stablecoins cryptocurrencies which are down -0.30%.

How to add JPY Coin (JPYC) to MetaMask?

Adding JPY Coin (JPYC) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import JPYC as a token. You can copy JPYC’s contract address (0xe7c3d8c9a439fede00d2600032d5db0be71c3c29) and import it manually, or if you've installed MetaMask's chrome extension, add JPYC to MetaMask with one click on CoinGecko.

Add JPYC to MetaMask.