Significant Upgrade Announced for JPYC EX with New Features and Chains

Major Upgrade Announced for JPYC EX

JPYC Co., Ltd., the company behind the Japanese yen stablecoin JPYC, headquartered in Chiyoda, Tokyo, is pleased to announce a significant upgrade to its issuance and redemption platform, JPYC EX. This upgrade aims to enhance user convenience and includes support for the Kaia Chain, one of Asia's largest blockchain ecosystems.

Changes In Issuance Rules

This upgrade introduces a crucial amendment to the issuance rules of JPYC. Previously, the issuance limit for JPYC was set at 1 million yen per day. With the new update, users can now issue up to 1 million yen in a single transaction. However, to comply with regulations aimed at preventing misuse and ensuring safe transaction management, repeated issuance requests in a short span of time will not be allowed.

Kaia Chain Support

In addition to changing issuance rules, JPYC EX will now support the Kaia Chain. Once this integration is complete, users will be able to issue and redeem JPYC on the Kaia Chain and register wallet addresses for transactions.

- Chain ID: Kaia Mainnet (8217)
- Contract Address: 0xe7c3d8c9a439fede00d2600032d5db0be71c3c29
- Kaia Scan Link: Kaia Scan

To utilize the Kaia chain, please register your wallet address on JPYC EX before use.

About Kaia Chain

Kaia is recognized as one of the largest blockchain ecosystems in Asia, characterized by fast transaction finality and a user-friendly experience. It was born from the integration of Kakao's Klaytn and LINE's Finschia, leveraging the Mini Dapp ecosystem based on the LINE messenger and maximizing user interactions throughout Asia. This robust network is instrumental in addressing the growing demand for Japanese yen stablecoins in countries like South Korea, Indonesia, Thailand, and Taiwan, expanding the opportunities and transactional paths for JPYC.

Relaxation of Redemption Network Requirements

The update also includes a relaxation of the requirements for the redemption process. Previously, users were required to select a network and a wallet address while making a redemption reservation. With the new changes, the selection of a network and wallet address will no longer be necessary as long as the sending wallet address is registered on any network. However, redemption reservations are still mandatory, and users should be cautious that non-registered addresses or those associated with other users will not be eligible for redemption.

Features of JPYC

JPYC, the Japanese yen stablecoin issued by JPYC Co., Ltd., is pegged 1:1 to the Japanese yen and is backed by assets such as savings and government bonds. This ensures that customers can redeem their stablecoins for an equivalent amount of Japanese yen. Currently, JPYC is issued on four chains: Avalanche, Ethereum, Polygon, and Kaia, with plans for further expansion.

The Japanese yen stablecoin JPYC not only allows various on-chain services combined with smart contracts but also has the potential for diverse use cases in the future, including salary payments, withdrawals as cash through ATMs, and other financial innovations.

About JPYC Co., Ltd.

Founded in November 2019, JPYC Co., Ltd. has been at the forefront of stablecoin operations since August 2025, becoming the first domestic company to issue a Japanese yen stablecoin. As a key player in the global stablecoin market, JPYC Co., Ltd. continues to drive digital financial innovation leveraging transparency and low-cost remittance features.