JPYC and Densansystem Partner to Enable Stablecoin Payments at Convenience Stores

The collaboration aims to introduce nationwide stablecoin payment capabilities across Japan’s convenience store network, expanding digital currency use in everyday transactions.

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Terms & Concepts
  • Stablecoin: A type of cryptocurrency pegged to a stable asset, such as a fiat currency, to reduce price volatility.
  • JPYC: A Japanese yen-pegged stablecoin issued by JPYC Inc., designed for use in digital payments and blockchain transactions.
  • Payment Gateway: A service that facilitates the processing of payments between merchants and customers, supporting various payment methods including cryptocurrencies.