Amazon Japan supplier AZ-Com Maruwa to adopt yen stablecoin JPYC for payments

CoinDesk·

Amazon Japan supplier AZ-Com Maruwa to adopt yen stablecoin JPYC for payments

60-second summary

Amazon Japan supplier AZ-Com Maruwa is adopting the yen stablecoin JPYC for payments, marking Japan's first large-scale corporate stablecoin rollout. The logistics firm plans to pay 2,300 partners, including truck drivers, using JPYC, which could increase adoption and usage of stablecoins in Japan's logistics and supply chain industries, potentially driving growth in the region's digital payments market.

The Japanese logistics firm plans to pay 2,300 partners, including truck drivers, using JPYC in Japan’s first large-scale corporate stablecoin rollout.