# JPYC Raises $38M to Pay Truck Drivers with Yen Stablecoin Japan's regulated stablecoin makes a major leap into the logistics sector. - **Source:** [Bitcoin News](https://brifing.si/source/d8aeaf1e-9839-4dad-9d25-7a6bf3fbeef8) - **Published:** 2026-08-06 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/54878ad7-a8c3-4e19-ab4c-bd528d202c3e ## JPYC's Major Funding Round JPYC, Japan's first regulated yen-pegged stablecoin, completed its Series B funding round at 6 billion yen ($38 million). AZ-COM Maruwa Holdings invested $6.3 million, bringing the total investment to this amount. Founded in 2019, JPYC integrated into Japan's payment systems in 2025. This investment will accelerate its entry into the logistics sector. ## Logistics Giant Backs JPYC AZ-COM Maruwa is a logistics company serving major clients like Amazon Japan. It plans to pay 2,300 truck drivers and subcontractors using JPYC. This marks the first time a Japanese company will use stablecoins for routine payments. JPYC's move aims to solve payment issues in the logistics industry. ## What is a Stablecoin? Stablecoins are digital currencies pegged to a stable asset. JPYC is 1:1 backed by the Japanese yen. Each JPYC token is covered by yen bank deposits and Japanese government bonds. Users can convert tokens to yen anytime. JPYC avoids transaction fees, offering cheap or free transfers. ## Payment Challenges in Logistics Japan's truck driver shortage is worsening due to an aging workforce and 2024 overtime limits. AZ-COM Maruwa argues that JPYC's fast, low-cost payments will help retain workers by enabling frequent contractor payments. Bank transfers remain slow, expensive, and limited by processing windows. ## Technological Integration AZ-COM Maruwa and JPYC plan to link payments directly to delivery confirmation records. Using GPS tracking or smart contracts, payments will be released automatically. This system will eliminate manual invoicing and reduce administrative costs. The company is also developing a dedicated wallet app. ## Japan's Blockchain Strategy In July 2026, Japan's government approved economic policy guidelines supporting blockchain payments. Dubbed 'onchain finance,' this system promotes payments directly linked to commercial and logistics records. JPYC aims to grow its circulating supply to trillions of yen within years. ## Competition and Future Plans JPYC isn't Japan's only stablecoin player. SBI Group launched a trust-based yen stablecoin. Megabanks MUFG, SMBC, and Mizuho are working on a shared stablecoin project. JPYC is testing payments at Lawson stores to boost everyday adoption. ## Sector-Wide Impact JPYC's logistics push could mark a turning point for corporate stablecoin use. How quickly AZ-COM Maruwa implements payments and whether rivals follow will shape Japan's digital payment future. Regulators and megabanks' responses in late 2026 will also be critical. ## Sources covering this story - https://news.bitcoin.com/crypto-news/jpyc-raises-38m-as-yen-stablecoin-rolls-out-to-truck-drivers/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._