ChainCatcher report: Since late October last year, the total trading volume of Japan’s compliant stablecoin JPYC has reached $137 million, with Polygon dominating at 66%, accounting for $90.4 million; Avalanche and Ethereum follow with $26.4 million and $19.7 million, respectively. Polygon’s founder confirmed that physical stores in Japan now support offline payments using JPYC on the Polygon network.
JPYC transaction volume reaches $137M in six months, with Polygon leading at 66%
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Summary
JPYC transaction volume reached $137 million over six months, with Polygon leading at 66%, or $90.4 million. Avalanche and Ethereum followed with trading volumes of $26.4 million and $19.7 million, respectively. Polygon’s founder stated that JPYC is now being used for offline payments in Japanese stores.
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