JPYC EX Cumulative issuance exceeded 10000000000 Japanese yen,JPYC and has been listed Upbit
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AT A GLANCE
JPYC Cumulative issuance exceeded 10000000000 Japanese yen and was listed on Upbit, but its price once deviated from 1 Japanese yen.
Article
JPYC EX Cumulative issuance exceeded 10000000000 Japanese yen, and was listed on a South Korean exchange Upbit
PANews October 15 According to the news,JPYC according to official disclosure, its issuance and redemption services JPYC EX the cumulative issuance as of September 18 exceeded 10000000000 Japanese yen, and users have expanded from individuals to Japanese domestic enterprises and overseas projects (this figure is cumulative issuance, not the current circulating balance).September 17，JPYC on a South Korean exchange Upbit listed, traded against the Korean won,BTC、USDT across three markets, but the market price once deviated from 1 Japanese yen. In addition, Netstars and Kaia DLT Foundation signed a memorandum of basic agreement (MOU), proposing to connect the stablecoin circulating on Kaia to payment networks such as StarPay, which have approximately 700000 merchant locations; Mi&T's physical stores in Osaka JPYC payment demonstration received a subsidy from Osaka Prefecture, with plans to implement it 2026 year November to 2027 year March at approximately 5 stores.
JPYC EX the cumulative issuance as of September 18 exceeded 10000000000 Japanese yen, and this figure is cumulative issuance, not the current circulating balance.
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JPYC The user base has expanded from individuals to Japanese domestic enterprises and overseas projects.
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JPYC on September 17 listed on a South Korean exchange Upbit and traded against the Korean won,BTC and USDT markets.
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JPYC After listing, the market price once deviated from 1 Japanese yen.
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Netstars and Kaia DLT Foundation signed a memorandum of basic agreement, proposing to connect the stablecoin circulating on Kaia to payment networks such as StarPay.
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Payment networks such as StarPay involve approximately 700000 merchant locations.
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Mi&T's physical stores in Osaka JPYC payment demonstration received a subsidy from Osaka Prefecture, with plans to implement it from 2026 year November to 2027 year March at approximately 5 stores.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news shows that the issuance scale, trading channels, and payment applications of JPYC are all expanding. It should be noted that 10000000000 Japanese yen is historical cumulative issuance and does not represent that 10000000000 Japanese yen remains in circulation in the market; meanwhile,Upbit the price after listing once deviated from 1 Japanese yen.
Why it matters to readers
For beginners, this shows that a stablecoin project may expand its scope of use simultaneously through exchanges, merchant payments, and offline pilots, but growth in issuance does not equal growth in actual usage.
It is particularly important to distinguish cumulative issuance, the current circulating balance, and actual payment usage, and to observe whether the stablecoin price remains stable near the target level.
Risks and unknowns
The evidence does not provide JPYC the current circulating balance, redemption volume, or actual payment usage.
The evidence does not provide the extent, duration, or cause of the price deviation from 1 Japanese yen.
Netstars and Kaia DLT Foundation have currently only signed a memorandum of basic agreement; whether technical integration and merchant activation have been completed remains unclear.
The payment demonstration at physical stores in Osaka remains a plan; whether it will actually be implemented and its results are unknown.
The information was relayed by PANews,JPYC according to official disclosure; the evidence does not provide the original official announcement or transaction data.
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Related concepts
Stablecoin
An asset that seeks to track a reference value and is subject to risks including depegging, reserves, and redemption.
