Lawson to Test Over-the-Counter Payments with JPYC, a First in Japan for POS Integration

On July 13, the Nikkei reported that Lawson is considering the introduction of stablecoins, which are digital currencies pegged to fiat currencies, as a method of payment at its stores. According to the report, in early August, Lawson's Takanawa Gateway City store, operated by KDDI, will embark on a pilot test in collaboration with digital asset wallet company HashPort. The test will enable payment for goods using the yen-denominated stablecoin 'JPYC'. Stablecoins leverage blockchain technology...