Japanese logistics company AZ-COM Maruwa Holdings is preparing to roll out the JPYC stablecoin for payments to about 2,300 business partners, marking what could become Japan’s first large-scale corporate use of a yen-backed stablecoin.
According to a report by Nikkei, the company plans to use JPYC to pay transportation fees and compensation to individual contractors, including truck drivers. This is expected to reduce payment costs by eliminating transfer fees while allowing faster and more frequent settlements than traditional bank transfers.
日本の物流大手AZ-COM丸和、パートナー企業やドライバーへの支払いにステーブルコイン「JPYC」を導入へ https://t.co/hMwwSCP4eg
— 岡部典孝 JPYC代表取締役 (@noritaka_okabe) July 20, 2026
Why is AZ-COM Maruwa adopting JPYC?
The logistics company intends to replace part of its conventional payment process with JPYC, a yen-denominated stablecoin designed for digital payments.
Unlike traditional bank transfers, JPYC transactions do not incur transfer fees, making the payment process more efficient for businesses handling frequent settlements with contractors and service providers.
ALSO READ: Are Stablecoins Becoming the New ‘Central Business Digital Currencies’?
Investment plans show a long-term stablecoin strategy
Beyond using JPYC for payments, AZ-COM Maruwa is reportedly considering a strategic partnership with JPYC Inc. The company is also evaluating an investment of more than 1 billion Japanese yen, approximately $6.2 million.
Neither company has announced when the partnership or investment could be finalized.
JPYC founder and Chief Executive Officer Noritaka Okabe said the company will continue working to integrate logistics and commercial payment systems with the JPYC stablecoin, reinforcing its push to expand blockchain-based payments in Japan.
How does this fit into Japan’s crypto push?
The planned rollout comes as Japan continues to expand the use of blockchain technology in regulated financial services.
Earlier this month, the country approved amendments to the Financial Instruments and Exchange Act, classifying cryptocurrencies as financial products rather than payment instruments. The changes also provide a legal foundation for domestic crypto exchange-traded funds, introduce insider trading rules for digital assets, and pave the way for a separate crypto tax framework expected to take effect in 2028.
Recently, SBI Holdings and the Solana Foundation launched SBI Solana Global to support yen-backed stablecoins, tokenized securities, and blockchain-based settlement services.
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