JPYC completes approximately $38 million Series B funding round, with AZ-COM Maruwa Holdings participating and funds earmarked for payments to 2,300 truck drivers

Odaily Planet Daily News: Japanese yen stablecoin operator JPYC Inc. has announced an extension of its Series B funding round, bringing total funding to approximately 6 billion yen, or roughly $38 million. The latest investment includes approximately 1 billion yen (about $6.3 million) from Tokyo-listed logistics company AZ-COM Maruwa Holdings. Core business: operating JPYC, a stablecoin pegged 1:1 to the Japanese yen.



JPYC launched the stablecoin in October 2025 and became the first digital currency to be registered as an official electronic payment instrument under Japan's revised Payment Services Act. Each JPYC is backed by yen bank deposits and Japanese government bonds, and holders can redeem them for regular yen on demand.



AZ-COM Maruwa Holdings plans to use JPYC to pay approximately 2,300 business partners and independent contractors for transportation work and outsourced services, primarily covering truck drivers and subcontractors. The company is also developing a dedicated wallet application and plans to link payments with delivery confirmation records, potentially executed through GPS tracking or smart contracts.