What Is JPY Coin(v2)? Complete Guide & Review About JPY Coin

What Is JPY Coin(v2)?

JPY Coin is a Japanese Yen stablecoin which is supposed to be pegged to JPY at 1:1. JPYC is regarded as an Prepaid Payment Instruments legally in Japan. It was launched in January 2021. It has since then grown into a multi-million dollar issuance project in less than half a year. This is a stable coin that is handled by Prepaid Payment Instruments administered by This a platform for tokenizing real-world assets.

Important Points Table Of JPY Coin

How to Buy the Continental & Trade On Exchange?

JPYC Price Live Data

The live JPY Coin(v2) price today is $0.007339 USD with a 24-hour trading volume of $13,908.37 USD. They update to USD price in real-time. This is up 0.26% in the last 24 hours. The current CoinMarketCap ranking is #4821, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

If you would like to know where to buy JPY Coin(v2) at the current rate, the top cryptocurrency exchanges for trading in stock are currently QuickSwap, and Uniswap (V3) (Polygon). You can find others listed on crypto exchanges page.

Who Are the Founders of JPY Coin?

JPY Coin founder and CEO is Noritaka Okabe who has been an entrepreneur since 21 years ago.

What Makes JPY Coin Unique?

First of all, there was no convenient Japanese yen stable coin in the market before The came into existence. This is a project for Japanese users to get in and out of the cryptocurrency world.

The reason why Japanese stable coin was there is because Japanese laws and regulations make it hard to issue any kind of Japanese yen stable coin. They have invented this way to issue a stable coin as a prepaid payment method.

Prepaid payment method (prepaid), not crypto assets

Since it is a prepaid payment method that can always be calculated at 1 JPYC = 1 yen for accounting purposes, it is ideal for blockchain utilization in business compared to crypto assets.

How Many JPY Coin (JPYC) Coins Are There in Circulation?

There were around 350 million JPY Coin in circulation as of May 2022. There are two versions of available in the market: version 1 and version 2. It is because this is transitioning to version 2 now.

Prepaid stablecoin made on the public blockchain

It is issued by Ethereum, Polygon, Gnosis, Shiden, Avalanche, and Astar, and can be used as 1JPYC = 1 yen with JPYC Apps. Since JPYC is an ERC20 standard token, it must be managed individually by a wallet such as MetaMask.

How Is the JPY Coin Network Secured?

JPY Coin is a centralized Japanese yen stable coin project just like USDC and USDT in the dollar stable coin field. And Inc is fully complied with Japanese law and invested by some famous venture capitals, including Circle Venture.

This is also backed by Japanese yen according to Japanese Fund Settlement Law.

The smart contracts of JPYC were audited. These are the audit reports.

You can exchange JPYC for V-Prika gifts and use it for daily shopping.

JPYC can be used for daily shopping by exchanging Visa gifts that can be used like credit cards at any Visa member store on the Internet.
* To use 3D Secure, you need to register for a V-Prika account.

You can purchase goods without changing from digital coins to yen.

Users with digital coins can use it in their daily lives by exchanging JPYC for gifts when they get what they want.

To a business with low fees (gas charges)

JPYC aims to utilize blockchain technology to significantly reduce the fee burden of each store.
To that end, they are currently applying for a license for a third-party prepaid payment instrument issuer.

Where Can You Buy JPY Coin (JPYC)?

You can buy JPY Coin at Apps on our website.And also you can use JPYC to get a Visa prepaid card,etc to do the payments in real life.

You can also buy or provide liquidity using JPYC through DEXes, e.g. uniswap, quickswap, curve, etc.