Japanese logistics company eyes JPYC stablecoin to pay drivers

cointelegraphPublished on 2026-07-27Last updated on 2026-07-27

Abstract

AZ-COM Maruwa Holdings, a major Japanese logistics company, plans to adopt the JPYC yen-denominated stablecoin to make payments to approximately 2,300 business partners, including individual truck drivers. This marks Japan's first large-scale corporate use of such a stablecoin. According to Nikkei, using JPYC will enable faster and more frequent payments for fees and compensation by eliminating transfer fees. The company is also considering a strategic partnership with JPYC Inc. and an investment exceeding 1 billion yen ($6.2 million). JPYC's CEO stated they will advance the integration of logistics and payment flows with the stablecoin.

AZ-COM Maruwa Holdings, a major Japanese logistics company, plans to adopt JPYC to make payments to around 2,300 business partners, in what is expected to be the first large-scale corporate use of the yen-denominated stablecoin in Japan.

According to a report from Nikkei, JPYC will be used to pay fees and compensation to individual contractors who handle transportation, including truck drivers; the use of the stablecoin will allow faster and more frequent payments, as it does not charge transfer fees.

AZ-COM Maruwa is also considering a partnership with JPYC and an investment of over 1 billion Japanese yen ($6.2 million).

Related: Sony Bank and JPYC to test instant yen stablecoin buys from customer accounts

AZ-COM Maruwa is a mid-sized Japanese logistics company and counts Amazon Japan among its major customers.

“We will continue to advance the integration of logistics and commercial payment flows with JPYC,” said Noritaka Okabe, founder and CEO of JPYC Inc.

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