Digital Yen Goes Live: JPYC EX Integrates Traditional Finance With DeFi

Japan has officially stepped into the regulated stablecoin era with the launch of JPYC EX, the country’s first fully licensed digital yen under the revised Payment Services Act. This milestone marks a pivotal moment for Japan’s financial sector, bridging traditional banking infrastructure with the Web3 ecosystem. Related Reading: Ethereum OG Drives $500M Liquidity Flow Into ConcreteXYZ & Stable Vaults – Details Building on earlier versions of JPYC, the new JPYC EX is designed to serve as a compliant, yen-backed stablecoin connecting the nation’s banking system to blockchain-based commerce, DeFi applications, and cross-border payments. With full legal authorization and asset backing, it positions the yen as a future cornerstone in global digital finance source: https://www.newsbtc.com/stablecoin/digital-yen-goes-live-jpyc-ex-integrates-traditional-finance-with-defi/