JPYC Completes $12M Series B Financing Led by Asteria Corporation

KuCoinFlash

Release Time: 02/28/2026 01:31:46

Summary

JPYC completes a $12 million Series B financing led by Asteria Corporation, marking a major on-chain news event in 2026. JPYC, a Japanese yen stablecoin issuer, launched in October 2025 under Japan’s Fund Transfer Business Regulations. The company has partnered with Densan Systems, integrating with 65,000 convenience store payment terminals, to expand into domestic and cross-border payments. JPYC is also integrated into Circle’s StableFX for cross-border settlements. This development further advances ongoing innovations in stablecoin infrastructure and retail adoption.

BlockBeats news, on February 28, according to Ledger Insights, JPYC, the issuer of the Japanese yen stablecoin, completed a $12 million Series B funding round led by Asteria Corporation.

JPYC officially launched in October 2025 under Japan’s fund transfer regulatory framework as a onshore Japanese yen stablecoin. It has partnered with Densan Systems, which operates a payment network covering approximately 65,000 convenience stores in Japan, to explore domestic payments, cross-border remittances, and travel-related payments in convenience store settings. Additionally, JPYC participates in Circle’s StableFX stablecoin foreign exchange quoting system for cross-border settlements.

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