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Asteria Launches JPYCGateway and Expands JPYC Adoption

Asteria Launches JPYCGateway and Expands JPYC Adoption

JPYC’s $12 million Series B funding, led by Asteria, paves the way for an October 2025 yen stablecoin launch under Japan’s money transfer rules, supporting domestic and cross-border payment use cases.

KAIA

Fact Check
The official SBI Holdings news release page is an authoritative and primary source for corporate announcements. The summary indicates it contains confirmation of a collaborative initiative between SBI Holdings and Startale Group to launch a yen-backed stablecoin for institutional and cross-border payment use. This directly supports the statement in question. Secondary financial data platforms such as StockAnalysis also reference this partnership and its intended use cases, providing consistent corroboration. Additional minor references from crypto news aggregators and social media echo the same narrative rather than contradict it. Though some tertiary or user-generated sources have lower authority, there are no inconsistencies among credible reports. Primary evidence from SBI Holdings combined with aligned secondary reporting yields high confidence that the statement accurately represents a genuine and announced initiative.
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Summary

JPYC raised about $12 million in Series B funding led by Asteria Corporation. The yen-pegged stablecoin is set to launch in October 2025 under Japan’s money transfer regulations. JPYC will partner with Densan Systems to develop domestic and cross-border payment applications and join Circle’s StableFX network for settlement capabilities. This move strengthens Japan’s regulated stablecoin ecosystem, complementing initiatives like Asteria’s JPYCGateway and other forthcoming projects.

Terms & Concepts
  • JPYC: A Japanese yen-pegged stablecoin designed for use in digital payments and asset transfer.
  • Stablecoin: A cryptocurrency pegged to a stable asset, such as a fiat currency, designed to minimize price volatility.
  • StableFX: A settlement network operated by Circle to enable efficient cross-border stablecoin transactions.