JPYC EX Implements Major Update, Changes Issuance Limit to 1 Million Yen Per Transaction

Major Update to JPYC EX

JPYC Inc., the first issuer of yen-denominated stablecoins in Japan, officially announced on May 15 that it has implemented a major update to its yen stablecoin issuance and redemption platform, 'JPYC EX'.

The most significant change in this update is the revision of the issuance limit rule. Previously, the limit was set at '1 million yen per day,' but following the update, it has been changed to '1 million yen per transaction.' This...