Japan logistics giant plans JPYC payments for 2,300 partners
By Olivia Stephanie from crypto.news
Japanese logistics group AZ-COM Maruwa Holdings plans to introduce the yen-backed JPYC stablecoin for payments to about 2,300 partner carriers and independent drivers, according to a Nikkei report.
AZ-COM Maruwa brings JPYC into logistics payments
AZ-COM Maruwa Holdings operates third-party logistics, transportation, warehousing and delivery services in Japan.
Its planned use of JPYC would cover outsourcing and other payments made to a broad network of transport partners, including individual truck drivers.
The reported ¥1 billion investment also ties the logistics group directly to JPYC’s growth.
The companies have not yet disclosed a detailed rollout schedule or explained how each partner will receive, hold or convert the tokens.
Those operating details will determine how widely drivers and carriers use JPYC instead of immediately redeeming it for yen.
JPYC began issuing its regulated yen-backed stablecoin on October 27, 2025.
The token maintains a one-to-one link with the yen and uses bank deposits and Japanese government bonds as reserve assets.
It operates on public blockchain networks and can be issued or redeemed through JPYC EX.
Japan’s stablecoin market adds more use cases
JPYC is also expanding into financial products.
As reported by crypto.news, Metaplanet and JPYC recently began studying Bitcoin-backed credit products that could use JPYC for lending and settlement.
The project is examining how Bitcoin collateral and yen-denominated stablecoin liquidity could work together.
Payment infrastructure is developing at the same time.
As reported by crypto.news, LINE NEXT plans to support JPYC through Unifi Pay, a stablecoin payment service scheduled for a wider launch in the third quarter.
The service is designed to let users in Japan top up local stablecoins from bank accounts after identity checks.
The logistics rollout would differ from smaller consumer pilots because it involves thousands of businesses and independent drivers receiving payments through the same stablecoin system.
If implemented at the reported scale, it would test JPYC’s ability to handle regular corporate settlement rather than isolated retail purchases.
Japan is also tightening rules around stablecoin reserves as adoption grows.
Japanese regulators have set conditions for government bonds held as reserve assets.
JPYC has said it plans to keep most reserve proceeds in Japanese government bonds and the remainder in bank deposits.
AZ-COM Maruwa’s planned rollout therefore arrives as JPYC moves into retail payments, lending experiments and broader payment infrastructure.
The ¥1 billion investment adds a direct corporate commitment, while the proposed payments to 2,300 logistics partners would provide one of the clearest tests yet of whether a regulated yen stablecoin can work in everyday business settlement.
Source : https://crypto.news/japan-logistics-giant-plans-jpyc-payments-for-2300-partners/
