JPY Stablecoin Issuer JPYC: JPY Stablecoin Reserve to Become Key Buyer of Japanese Government Bonds

By: theblockbeats.news|2025/11/12 20:15:51
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BlockBeats News, November 12th. According to Cointelegraph, Japan's first officially licensed yen stablecoin issuer, JPYC, stated that as the stablecoin market expands, JPYC may become a significant buyer in the Japanese Government Bonds (JGBs) market. JPYC plans to invest 80% of its issuance revenue in government bonds and hold 20% in banks, a model that is expected to fill the market gap left by the Bank of Japan's slowing bond purchases. JPYC started issuing its yen stablecoin on October 27th, with a current circulation of around $930,000 and aims to reach $66 billion within three years.

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