JPY Coin (JPYC) stablecoin analytics
JPYC is JPYC Inc.'s centralized yen stablecoin, backed 1:1 by JPY deposits and Japanese government bonds under a Type II Funds Transfer Service license.
Static Profile
Static stablecoin profile
JPY Coin (JPYC) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Japanese Yen.
AI summary / Updated May 15, 2026
Japan's first FSA-approved yen stablecoin, 100% JPY deposit and JGB-backed under a Type II Funds Transfer license; market cap still modest. Japan's first FSA-approved yen stablecoin occupies an enviable regulatory position — Type II Funds Transfer license under the Payment...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Japanese yen deposits and Japanese government bonds (100% backed)
- Peg Mechanism
- Direct 1:1 redemption for JPY through JPYC Inc. via the JPYC EX platform; issuance and redemption via bank transfer after KYC; JPYC Inc. holds a Type II Funds Transfer Service Provider license under Japan's Payment Services Act
- Jurisdiction
- Japan / FSA / Type II Funds Transfer Service Provider (Payment Services Act)
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is JPYC safe?
Pharos does not mark JPYC as absolutely safe. Static metadata says JPY Coin uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety jpyc-jpyc
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
JPYC quick answers
What is JPY Coin (JPYC)?
JPYC is JPYC Inc.'s centralized yen stablecoin, backed 1:1 by JPY deposits and Japanese government bonds under a Type II Funds Transfer Service license. The static profile records its Japanese Yen peg mechanism as: Direct 1:1 redemption for JPY through JPYC Inc. via the JPYC EX platform; issuance and redemption via bank transfer after KYC; JPYC Inc. holds a Type II Funds Transfer Service Provider license under Japan's Payment Services Act
What backs JPYC?
Pharos classifies JPYC backing as Real-World Asset Backed. Collateral, per the static profile: Japanese yen deposits and Japanese government bonds (100% backed) Reserve evidence: live reserve feed configured.
Can JPYC be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for JPYC, when applicable, appear in the dossier below.