Japanese logistics company eyes JPYC stablecoin to pay drivers

cointelegraphОпубліковано о 2026-07-27Востаннє оновлено о 2026-07-27

Анотація

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.

Пов'язані питання

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).

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