JPY Coin
Stablecoin-Profil
JPY Coin (JPYC) ist ein fiat-gedeckter Stablecoin, gebunden an JPY, mit 0 $ im zirkulierenden Angebot über 3 Blockchain-Netzwerke. Jeder JPYC ist durch Reserven des Emittenten gedeckt, mit Parität attestiert über defillama. Die Bindung wurde in den meisten Handelsphasen innerhalb von ±1% gehalten, wobei Reservezusammensetzung und Attestierungsfrequenz die wesentlichen Inputs für sein Kreditrisikoprofil sind.
Über JPY Coin (JPYC)
JPYC is a Japanese yen–denominated stablecoin issued by JPYC Inc. on public blockchains under Japanese regulatory licenses.
JPYC is minted by JPYC Inc. after receiving JPY via bank transfer and redeemed through a regulated off-ramp process; issuance and redemption are centrally controlled by the licensed issuer.
Supply-Verlauf
Verlauf der Peg-Stabilität
JPY Coin (JPYC) is designed to trade at exactly 1.00 JPY, with its peg defended through direct redeemability against off-chain reserves. Spot price currently sits at $0.0062, a -99.376% deviation from the target — well inside the stability band typical for reserve-backed dollar tokens.
Wie reserve-backed-Stablecoins ihren Peg verteidigen
Fiat-backed stablecoins maintain their peg through arbitrage: any time the secondary-market price drifts above $1.00, authorised participants mint new tokens by depositing dollars and sell them into the market; any time it drifts below, they buy on the open market and redeem 1:1 for dollars. The peg therefore depends entirely on (a) the reserves actually existing, (b) the issuer honouring redemption requests promptly, and (c) the issuer remaining solvent and unfrozen.
Praktische Auswirkungen für Inhaber
- Counterparty risk is concentrated in the issuer and its banking partners — a banking failure (as in the March 2023 USDC / SVB episode) can cause short-term depegs even when the underlying reserves are sound.
- Reserve attestations are not full audits. Always read the firm name, scope, and date of the latest attestation report before treating the peg as risk-free.
- Redemption rights typically apply only to verified institutional partners, not to retail holders. Retail exposure is exited via secondary markets, where liquidity matters most during stress periods.
- Regulatory action against the issuer (NYDFS orders, OFAC freezes, court-ordered blacklists) can immediately impair specific addresses or even the entire token.
- Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).
Peg-stability commentary is based on the mechanism class (reserve-backed) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.
Vertragsadressen
JPY Coin (JPYC) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.
| Kette | Vertragsadresse | Verifizieren |
|---|---|---|
| Ethereum | 0xe7c3d8c9a439fede00d2600032d5db0be71c3c29 | Explorer |
Vertragsadressen stammen aus dem Stablecoin-Profil von DeFiLlama. Einige Ketten (Tron, Solana, Aptos, Sui) verwenden Nicht-EVM-Adressformate. Der „Explorer"-Link öffnet den offiziellen Blockexplorer für die jeweilige Kette; wir verlinken nicht auf Drittanbieter-Explorer, die geänderte Daten anzeigen könnten.
JPY Coin mit anderen fiat-backed-Stablecoins vergleichen
Below are the largest fiat-backed stablecoins tracked on Mantapex alongside JPY Coin (JPYC). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.
| Stablecoin | Angebot | Mechanismus | Ketten |
|---|---|---|---|
| Tether (USDT) | 184,1 Mrd. $ | fiat-backed | 107 |
| USD Coin (USDC) | 79,6 Mrd. $ | fiat-backed | 125 |
| World Liberty Financial USD (USD1) | 4,5 Mrd. $ | fiat-backed | 8 |
| PayPal USD (PYUSD) | 4,1 Mrd. $ | fiat-backed | 7 |
| BlackRock USD (BUIDL) | 2,5 Mrd. $ | fiat-backed | 8 |
Über Mechanismusklassen hinweg
If you're researching JPYC as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.
Peg-Stabilität
Chain-Verteilung
Ressourcen & Datenquellen
JPY Coin (JPYC) is tracked across major crypto data providers. The links below open JPY Coin (JPYC)'s pages on CoinGecko, CoinMarketCap and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.
Price feed sourced from defillama. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.
Aktuelle JPY Coin-Nachrichten
Latest reporting from major crypto news outlets covering JPY Coin.
- AMBCrypto
JPYC tops 2B Yen – Can USDC liquidity unlock its DeFi potential?
JPYC's growing circulation opens DeFi opportunities, but shallow USDC liquidity still limits larger yen-based transactions.
- AMBCrypto
JPYC secures $38M to expand Japan's stablecoin payment network – Details
JPYC is driving regulated stablecoins beyond trading and into everyday business payments across Japan.
- Bitcoin
JPYC Raises $38M as Yen Stablecoin Rolls out to Truck Drivers
JPYC Inc., the company operating Japan's first fully regulated yen-pegged stablecoin, has extended its Series B funding round, pushing total investment to roughly 6 billion yen,…
- Crypto Economy
JPYC Secures $38 Million Series B, Strengthening Japan's Stablecoin Push
JPYC's extended Series B reached 6 billion yen, or $38 million, providing capital to expand its financial and Web3 ecosystem and accelerate adoption. AZ-COM Maruwa invested…
- Cryptopolitan
JPYC raises $38M Series B as AZ-COM Maruwa backs yen stablecoin
JPYC, the Tokyo issuer of Japan's first licensed yen stablecoin, has closed a Series B extension, lifting the funding round to roughly 6 billion yen (about $38 million). The round…
- CrowdFundInsider
Japan's Stablecoin focused Firm JPYC Secures Additional Series B Funding
Tokyo-based JPYC Inc., the issuer of Japan's regulated yen-pegged stablecoin, has completed an extension of its Series B funding round, bringing the cumulative total raised in the…
- Coindesk
JPYC raises $38 million Series B led by major Japanese logistics firm AZ-COM Maruwa
The investment brings the company's total raised to $106 million across seven funding rounds since November 2021.
- Blockonomi
JPYC Secures ¥6 Billion in Funding to Scale Japan's Yen Stablecoin Infrastructure
JPYC has successfully closed a ¥6 billion fundraising round designed to accelerate the deployment of its yen-backed stablecoin throughout Japan's commercial landscape. This Series…
Verwandte Stablecoins
Stablecoins comparable to JPY Coin by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
Andere fiat-backed Stablecoins
An JPY gebundene Stablecoins
Größte Stablecoins nach Angebot
Risikohinweis
Stablecoins tragen Risiken, einschließlich De-Pegging, regulatorischer Änderungen und Gegenparteirisiken. Diversifiziere immer und führe eigene Recherchen durch.
