JPY Coin
Perfil del Stablecoin
JPY Coin (JPYC) es una stablecoin respaldada por fiat anclada a JPY, con 0 US$ en suministro circulante a través de 3 redes blockchain. Cada JPYC está respaldada por reservas del emisor, con paridad atestiguada vía defillama. La paridad se ha mantenido dentro de ±1% en la mayoría de las sesiones de negociación; la composición de las reservas y la cadencia de las atestaciones son los principales factores de su perfil de riesgo crediticio.
Acerca de 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.
Historial de Suministro
Historial de estabilidad del anclaje
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.
Cómo las stablecoins reserve-backed defienden su anclaje
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.
Implicaciones prácticas para los tenedores
- 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.
Direcciones de contrato
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.
| Cadena | Dirección del contrato | Verificar |
|---|---|---|
| Ethereum | 0xe7c3d8c9a439fede00d2600032d5db0be71c3c29 | Explorador |
Las direcciones de contrato provienen del perfil de stablecoins de DeFiLlama. Algunas cadenas (Tron, Solana, Aptos, Sui) usan formatos de dirección no EVM. El enlace "Explorador" abre el explorador de bloques oficial de la cadena correspondiente; no enlazamos a exploradores de terceros que puedan mostrar datos alterados.
Comparar JPY Coin con otras stablecoins fiat-backed
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 | Suministro | Mecanismo | Cadenas |
|---|---|---|---|
| Tether (USDT) | 184,1 mil M US$ | fiat-backed | 107 |
| USD Coin (USDC) | 79,6 mil M US$ | fiat-backed | 125 |
| World Liberty Financial USD (USD1) | 4518,8 M US$ | fiat-backed | 8 |
| PayPal USD (PYUSD) | 4088,7 M US$ | fiat-backed | 7 |
| BlackRock USD (BUIDL) | 2542,3 M US$ | fiat-backed | 8 |
Estabilidad del Anclaje
Distribución por Cadena
Recursos y fuentes de datos
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.
Noticias recientes de JPY Coin
Latest reporting from major crypto news outlets covering JPY Coin.
- Bitcoin
JPYC Hit South Korea's Upbit at 1 Yen and Traders Sent It Flying Past 3
This week, Japan's first licensed yen stablecoin, JPYC, landed on South Korea's largest crypto exchange, Upbit, and promptly shot higher, briefly reaching the equivalent of more…
- Cryptopolitan
JPYC restores Ethereum issuance after outage, Polygon still paused
JPYC, the issuer of Japan's first licensed yen stablecoin, said on Thursday that it has restored the issuance-reservation function on Ethereum after a temporary shutdown.…
- Crypto Briefing
JPYC halts Ethereum and Polygon issuance reservations after glitch
The glitch highlights vulnerabilities in stablecoin systems, affecting market stability and liquidity, and underscores the need for robust infrastructure. JPYC halts Ethereum and…
- Crypto news
JPYC Upbit trading delayed three hours to 3 p.m.
Upbit delayed JPYC trading to 3 p.m. KST on Sept.
- 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…
Stablecoins relacionadas
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.
Otras stablecoins fiat-backed
Stablecoins vinculadas a JPY
Mayores stablecoins por suministro
Aviso de Riesgo
Las stablecoins conllevan riesgos que incluyen la pérdida del anclaje, cambios regulatorios y riesgo de contraparte. Siempre diversifique y haga su propia investigación.