Amazon Japan Distributor AZ-Com Maruwa to Adopt Yen Stablecoin JPYC for Payments
The rollout would mark Japan’s first large-scale corporate use of a regulated yen stablecoin, with 2,300 partners and a 1 billion-yen investment.
- Tokyo-Listed AZ-COM Maruwa Holdings plans to use JPYC for payments to around 2,300 partners, marking Japan's first large-scale corporate use of a stablecoin in day-to-day operations.
- Maruwa aims to facilitate faster cash flow to drivers amid Japan's labor shortages and stricter overtime regulations, while investing 1 billion yen into the token to form a business partnership.
- JPYC is Japan's first fully regulated yen-pegged stablecoin, maintaining a 1:1 peg to the yen and backed 100% by bank deposits and Japanese government bonds.
- Lawson will pilot JPYC payments at its Takanawa Gateway City store in Tokyo in August, while LINE NEXT plans to support the token through Unifi Pay.
- If implemented at this scale, the project provides one of the clearest tests of whether a regulated yen stablecoin can handle routine business settlement, though companies have not disclosed a detailed rollout schedule.
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13 Articles
Nikkei Asia reported on July 20 that AZ-COM Maruwa Holdings plans to use JPYC, a yen-denominated stablecoin, for payments to some 2,300 business partners, including subcontractors and truck drivers. The logistics provider counts Amazon Japan among its customers, making the adoption of JPYC a large-scale corporate payment test within Japan’s delivery infrastructure. The company expects that transfers with stablecoin will allow payments faster and…
Amazon Japan Delivery Partner AZ-COM Maruwa to Pay 2,300 Carriers via JPYC Stablecoin
Reading Time: 3 minutesKey Takeaways: AZ-COM Maruwa Holdings is launching one of Japan’s largest regulated stablecoin deployments to date, paying delivery fees to roughly 2,300 sub-contracted transport companies and independent drivers. Payouts will be settled instantly via JPYC, a compliant yen-pegged stablecoin operating across public blockchains like Ethereum, Avalanche, and Polygon. Alongside the integration, the logistics giant plans to in…
Amazon Logistics Partner Adopts JPYC Stablecoin to Pay 2,300 Contractors Across Japan Faster
Key Takeaways: AZ-COM Maruwa will settle the payment of approximately 2,300 logistics partners in JPYC stablecoin. The rollout was designed to help contractors receive quicker, fee-free payments. It could prove the first major enterprise-wide stablecoin rollout in Japan. User Score8.7 Follow us on Google News Japan’s enterprise stablecoin adoption is taking a significant step forward. AZ-COM Maruwa Holdings, a major logistics company serving Am…
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