Japanese logistics company eyes JPYC stablecoin to pay drivers

cointelegraphPublicado a 2026-07-27Actualizado a 2026-07-27

Resumen

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.

Preguntas relacionadas

QWhat is the name of the Japanese logistics company planning to adopt JPYC?

AAZ-COM Maruwa Holdings.

QApproximately how many business partners will AZ-COM Maruwa use JPYC to pay?

AAround 2,300 business partners.

QWho are the primary individuals that will receive payments in JPYC according to the plan?

AIndividual contractors who handle transportation, including truck drivers.

QWhat are two main benefits of using the JPYC stablecoin for these payments mentioned in the article?

AIt allows for faster and more frequent payments, and it does not charge transfer fees.

QWhat other significant action is AZ-COM Maruwa considering in relation to JPYC, besides using it for payments?

AIt is considering a partnership with JPYC and an investment of over 1 billion Japanese yen (approximately $6.2 million).

Lecturas Relacionadas

Wall Street Traders Shift Crypto Market Activity to Weekdays

For decades, Wall Street adhered to a strict Monday-Friday schedule, a rhythm initially challenged but not fully overturned by the 24/7 nature of cryptocurrencies. However, institutional adoption is now fundamentally reshaping crypto market dynamics, shifting most price discovery and trading activity to traditional U.S. market hours (9:30 AM - 4:00 PM ET). According to Kaiko Research, weekend trading volume has fallen from roughly 25% to about 16% of the total. This concentration creates a significant "liquidity vacuum" on weekends when institutional support withdraws. Analysis by BridgePort shows the market becomes more vulnerable: trading costs rise by an average of 11% due to wider spreads, market depth for $100k trades worsens by nearly 9%, and displayed liquidity drops over 5%. Consequently, smaller trades can trigger sharper price swings. The massive success of U.S. spot Bitcoin ETFs has been a key driver of this structural shift. While providing steady weekday demand, their complete inactivity on weekends exacerbates the liquidity gap. Large capital movements, like the over $0.5 billion withdrawn from U.S. spot ETFs since October 2023, are easily absorbed on weekdays but can cause significant turbulence on thinner weekends. Ultimately, weekend trading now requires heightened caution due to a "thin" market, absent major market makers, and multiplied risks of sudden price jumps and slippage. Understanding these hidden liquidity mechanisms has become crucial for navigating the new financial reality.

cryptonews.ruHace 22 min(s)

Wall Street Traders Shift Crypto Market Activity to Weekdays

cryptonews.ruHace 22 min(s)

Every Vote on the CLARITY Act Will Be Scored: 3 Million Crypto Supporters Want Senators to Vote 'Yes'

The advocacy group Stand With Crypto announced it will track and publicize U.S. senators' votes on the CLARITY Act, incorporating them into public legislator scorecards for its 3 million members to use ahead of the November elections. The group is urging a "yes" vote, stating the bill has mobilized cryptocurrency owners who seek regulatory clarity. Their pre-election survey indicates nearly 80% of crypto owners are highly likely to vote, with 70% saying a candidate's crypto stance influences their choice, and 59% identifying as swing voters—potentially making the issue decisive in tight races. The bill, which passed the Senate Banking Committee in May, now awaits a full Senate vote. However, its path is uncertain, with Galaxy Research lowering its 2026 passage odds to 30% due to timing, bipartisan support challenges, and unresolved provisions on ethics and consumer protection.

cryptonews.ruHace 33 min(s)

Every Vote on the CLARITY Act Will Be Scored: 3 Million Crypto Supporters Want Senators to Vote 'Yes'

cryptonews.ruHace 33 min(s)

Tether’s XAUt gold token receives Shariah certification to expand Islamic finance access

Tether's gold-backed token XAUt has received Shariah certification from Amanah Advisors, potentially expanding its access to Islamic financial institutions and investors seeking Shariah-compliant gold exposure. The certification confirms XAUt's compliance with key Islamic finance principles, including full backing by physical gold, no interest or leverage, and transparent reserves. Each token represents one troy ounce of gold stored in Swiss vaults. This move provides Tether a clearer path to market XAUt in regions where Islamic finance is prominent, such as the Gulf Cooperation Council, South Asia, and parts of Africa. XAUt is one of the largest tokenized gold products, backed by over 707,000 troy ounces of physical gold worth more than $3.3 billion as of late March. Its on-chain value has grown significantly from about $700 million in July 2025 to roughly $2.5 billion. The development is part of a growing trend of Shariah-compliant crypto products aimed at addressing historical scholarly debates about digital assets' compliance with Islamic principles prohibiting excessive uncertainty and interest. Other examples include initiatives by Bahrain's AlAbraaj Restaurants Group and Palm Azgar Finance's PUSD stablecoin. Meanwhile, Dubai continues to solidify its position as a leading crypto hub in the Middle East.

cointelegraphHace 57 min(s)

Tether’s XAUt gold token receives Shariah certification to expand Islamic finance access

cointelegraphHace 57 min(s)

Kraken parent Payward acquires Magic Labs’ wallet business

Payward, parent company of crypto exchange Kraken, has agreed to acquire the wallet-as-a-service business of Magic Labs. The deal will integrate Magic Labs' non-custodial wallet technology into Payward's B2B platform, Payward Services, expanding its enterprise infrastructure offering. This embedded wallet solution allows businesses to offer self-custodied wallets directly within their applications. Magic Labs' infrastructure has been used to create over 60 million wallets for more than 200,000 developers and facilitated over $10 billion in stablecoin transactions. The acquisition, with undisclosed financial terms, is expected to close in the coming weeks. Post-sale, Magic Labs will focus on its Newton platform for secure onchain transaction authorization.

cointelegraphHace 1 hora(s)

Kraken parent Payward acquires Magic Labs’ wallet business

cointelegraphHace 1 hora(s)

Circle Announces the Acquisition of Nearly 1,000 Patents in the Blockchain and Fintech Spheres

Circle, the issuer of USDC, has announced the acquisition of a patent portfolio from IBM, comprising nearly 1,000 patents across 680 patent families. The portfolio covers areas including blockchain, banking, financial services, insurance, corporate infrastructure, supply chain verification, and secure cloud operations. This purchase makes Circle a leader in the U.S. in terms of Web3-related patents, significantly expanding its intellectual property as it works to build future financial systems on the internet. The deal also opens avenues for potential collaboration between Circle and IBM, though specific details and the financial terms remain undisclosed. The patents acquired stem from a period when IBM was actively filing in the blockchain space, particularly around 2018-2019. According to analysis, IBM's patent filing strategy later shifted toward focusing on the quality and value of individual patents. Circle's leadership emphasized that this intellectual property is crucial for advancing its mission and expanding blockchain infrastructure for global financial systems. Following the announcement, Circle's stock price saw a 2.2% increase.

cryptonews.ruHace 1 hora(s)

Circle Announces the Acquisition of Nearly 1,000 Patents in the Blockchain and Fintech Spheres

cryptonews.ruHace 1 hora(s)

Trading

Spot
活动图片