Avalanche Launches JPYC Refunds For 36.8M Tourists Nov 1
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Avalanche Enters Japan’s Tourism Market With JPYC Stablecoin Tax Refunds
TL;DR Avalanche’s C-Chain will support a new tax refund service launching on November 1, 2026, allowing eligible tourists in Japan to receive refunds in JPYC, a yen-denominated stablecoin. UPBOND and Japan Tax Free will combine wallet infrastructure with existing refund processing, transferring funds after customs clearance and internal reconciliation. The initiative comes as Japan explores broader stablecoin applications, including corporate p…
Avalanche Launches JPYC Refunds For 36.8M Tourists Nov 1
Japan Tax Free and Japan Refund are partnering with JPYC Inc. and UPBOND to let eligible international travelers receive consumption tax refunds in yen-pegged JPYC stablecoins. The rollout, announced October 29, will begin November 1 and could expand the use of regulated stablecoins in everyday retail payments.
Japan Tax Free and UPBOND to Begin Tax Refunds via JPYC on November 1st. Avalanche Will Be Utilized.
Foreign visitors to Japan can now receive tax refunds via wallet. Japan Tax Exemption, which provides tax exemption procedures and refund services, and UPBOND, which develops wallet infrastructure, have announced a tax exemption refund service using the Japanese yen-denominated stablecoin "JPYC" on November 11th. […]
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