JPYC Japanese Yen Stablecoin to be Launched on Ethereum, Avalanche, and Polygon

Odaily Planet Daily News: JPYC, the issuer of the Japanese Yen stablecoin, announced that it has completed registration as a money transfer operator and plans to deploy its Japanese Yen stablecoin on the Ethereum, Avalanche, and Polygon networks. According to data, JPYC completed a 500 million yen (approximately US$4.43 million) Series A funding round in November 2021, led by Headline Asia and participated by Circle Ventures.