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Japan Blockchain Foundation to Issue Trust-Based Stablecoin 'EJPY'

2026/05/13 12:12 (Updated 2026/05/13 18:01)
CoinPost
Written by K.Kobayashi
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Japan Blockchain Foundation to Issue Trust-Based Stablecoin 'EJPY'

Issuing a Japanese Yen Stablecoin

The Japan Blockchain Foundation, which operates and manages Web3 infrastructure, announced on the 13th that it has officially decided to issue a trust-based Japanese yen-denominated stablecoin 'EJPY'. The issuance will take place on the 'Japan Open Chain (JOC)' and the cryptocurrency Ethereum (ETH) blockchain. A framework for the necessary trust-based scheme for issuing EJPY has been established...

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