JPYC Inc. CEO Noritaka Okabe highlighted increasing demand for JPY Coin (JPYC), a regulated stablecoin pegged to the yen, as more Japanese banks experience service disruptions. Recently, GMO Aozora Net Bank suspended some API services due to unauthorized communications, prompting users to seek alternatives like JPYC. Registered as a funds transfer service provider in Japan since October 2025, JPYC offers a stable digital currency option amid banking network issues. This trend may boost adoption of yen-pegged stablecoins in Japan's digital asset market.
JPYC stablecoin demand is rising amid Japanese bank disruptions. For readers following cryptocurrency markets, here is Pluang's snapshot as of Nov 12, 2026 08:41 WIB: out of 50 major cryptocurrencies, 15 rose and 34 fell. Notable movers include EOS at Rp12.649 (+8.13%), ENJ at Rp410 (-4.11%), and AAVE at Rp2.158.741 (-3.71%) with 36% sell and 64% buy order activity on Pluang.
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