JPY Coin

JPY Coin (JPYC) is a Japanese yen-denominated stablecoin designed to maintain a value pegged to the Japanese yen, meaning each token is intended to represent one yen. It is aimed at users and businesses in Japan and beyond who want to transact, save, or settle obligations in a digital form of yen without exposure to the price swings typical of other digital assets. The project addresses the need for a stable, yen-referenced unit that can move across blockchain networks.

JPYC operates across several blockchain ecosystems simultaneously, including Ethereum, Polygon, Avalanche, Gnosis Chain, and Astar, which means the same stable unit can be transferred and used on whichever network a user or application prefers. The token is classified as a stablecoin, so its core function is to act as a unit of account and medium of exchange rather than as a governance or utility token within a broader protocol. No consensus algorithm or block time is recorded in the available data, so further mechanical detail about issuance and redemption cannot be confirmed here.

The data stored on this site does not record any fee stream associated with JPYC, which means the fee-based measures typically tracked here — such as protocol revenue or fee yields — are not applicable to this asset. The circulating supply stands at 2,600,000,000 tokens as a point-in-time figure, and the supply issued percentage is recorded at 100.0%, indicating the entire issued supply is already in circulation with no dilution overhang of 0.0% and a fully diluted value equal to the market capitalisation, giving an FDV-to-market-cap ratio of 1.0. No maximum supply is defined in the data.