JPYC Inc. has introduced Japan's first legally recognized yen-backed stablecoin, JPYC, which maintains a 1:1 peg with the Japanese yen. The stablecoin is fully backed by yen deposits and government bonds, operating on multiple blockchains such as Avalanche, Ethereum, and Polygon. JPYC aims to achieve a circulation of 10 trillion yen ($65.4 billion) within three years.

Stripe has launched Stripe Terminal in Japan, enabling businesses to unify their online and offline payment experiences. The service supports various payment methods, including Tap to Pay on iPhone and popular local options like PayPay and Weixin Pay, addressing the operational challenges faced by Japanese businesses managing multiple payment systems. Additional updates from Stripe Tour Tokyo include improved fraud detection and a new program for early-stage startups.