Overview
- AZ-COM Maruwa Holdings, a major Japanese logistics and Amazon delivery partner, announced Monday that it plans to pay about 2,300 subcontractors and independent drivers using the JPYC yen stablecoin.
- The company is reportedly considering a roughly ¥1 billion allocation to back the rollout, a sum that would approximately match and thus double JPYC’s prior cumulative issuance.
- Faster, fee-free JPYC transfers let AZ-COM Maruwa offer quicker and more frequent payouts, a practical move to attract and retain drivers facing an aging workforce and tighter overtime rules in Japan.
- JPYC is Japan’s first regulated yen-pegged stablecoin, launched in October 2025 and backed by bank deposits and Japanese government bonds, and it runs on public chains such as Avalanche, Ethereum and Polygon.
- The corporate rollout accelerates wider interest in yen stablecoins from retailers and banks and raises immediate questions about liquidity management, reserve sufficiency and technical capacity if other firms follow this model.