What to know:
- AZ-COM Maruwa plans to pay 2,300 drivers and contractors through JPYC-backed wallets.
- The logistics group will invest 1 billion yen in JPYC Inc through a strategic alliance.
- JPYC circulation passed 2 billion yen as the issuer eyes 10 trillion yen in three years.
JPYC payments will enter Japan’s logistics sector through AZ-COM Maruwa Holdings. The company plans to pay about 2,300 transport contractors and independent drivers with the yen-backed token. It manages much of Amazon Japan’s last-mile delivery network across the entire country.
According to a Nikkei report, AZ-COM Maruwa will form an alliance with JPYC Inc. The group will invest 1 billion yen, or $6.7 million. It marks the token’s first large-scale corporate use in Japan.
The proposal will move carrier payouts from banking transfers to e-wallets. Trucking companies and freelancing drivers will get paid. They transport Amazon packages all over Japan using AZ-COM Maruwa’s distribution channels.
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What Supports JPYC Payments Across Multiple Blockchains
JPYC payment will transfer a yen-pegged value to wallets. The process can eliminate any potential delay resulting from bank schedules and end-of-the-month cut-offs. The contractors rely on timely payouts to pay for operational expenses.
The token has a 1:1 peg with the Japanese yen. JPYC Inc provides its issuance under Japan’s payments regulations. The Tokyo-based fintech firm is registered as a Type II Fund Transfer Service Provider.
Registration is handled by Japan’s Financial Services Agency. The launch took place on October 27, 2025, amid the new legal amendments. The token runs on Ethereum, Avalanche, Polygon, and Kaia.
Every token is collateralized with yen bank deposits and Japanese government bonds. The reserve policy was developed following Japan’s amendment to its Payment Services Act in 2023. Users can mint or redeem JPYC at JPYC EX.
Users have to conduct identity verification to use JPYC EX. Verification is based on Japan’s My Number Card program. Thus, JPYC transactions are regulated by the issuer’s onboarding procedure.
How JPYC Plans to Reach 10 Trillion Yen in Circulation
The investment by AZ-COM Maruwa is an important sign of JPYC Inc. support from the investor. Other Series B investors include Metaplanet, bitFlyer Holdings, and Sumitomo Life Insurance. In addition, NCB Venture Capital became a part of the round.
These investors helped JPYC Inc to raise about 4.6 billion yen. The latest investment adds another strategic partner for the stablecoin issuer. Moreover, it introduces connections between the stablecoin issuer and the country-wide delivery services.
In July 2026, the amount of JPYC in circulation surpassed 2 billion yen. At that time, 19,000 accounts registered for JPYC EX. The goal of the issuer is to reach 10 trillion yen in circulation in three years.
This target represents approximately $65 billion using the supplied figures. JPYC payments via AZ-COM Maruwa will include ongoing business transactions. The implementation will also affect contractors and drivers related to the logistics operations.
Why Japan Is Testing JPYC, JPYSC and USDC Payments
Several other digital currency systems based on yen are under development in Japan. JPYSC has been introduced by the companies SBI Holdings and Startale via SBI VC Trade. It has been presented as the first trust-based yen stablecoin in Japan.
In addition, JCB is running a digital payments pilot program with Circle. It involves testing the USDC payment system.
These tests are supplemented with ongoing retail tests along with the JPYC payments. The retailer Lawson is planning to conduct its pilot in point of sales in early August 2026 in its Takanawa Gateway City location.
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