JPY Coin
JPYC Rank #820Price chart
What is JPY Coin?
Issuer and backing
JPYC Inc. began issuing the redeemable product on October 27, 2025. The company had registered as a funds-transfer service provider that August. Its chief executive is Noritaka Okabe. The product is designed for one-to-one exchange with Japanese yen. Backing assets include yen bank deposits and Japanese government bonds. This model supports a yen reference rather than a US-dollar peg.
Networks and settlement
The issuer supports JPYC on Ethereum, Polygon and Avalanche. Users can transfer tokens through compatible blockchain wallets. The JPYC EX service handles issuance and redemption. Its purpose includes domestic payments and cross-border transfers. Financial and payment partners can integrate the token into their services. The issuer has pursued integrations for physical-store payment schemes. Such partner services have their own operational requirements. This redeemable JPYC is separate from the earlier JPYC Prepaid products. Those earlier products began under a different legal and redemption framework.
Where to trade JPYC
6 exchanges · top 10
Live spot quotes from connected exchanges
JPYC funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.