Japanese logistics company eyes JPYC stablecoin to pay drivers

CoinTelegraph·

Japanese logistics company eyes JPYC stablecoin to pay drivers

60-second summary

A Japanese logistics company is considering using JPYC stablecoin to pay its drivers, aiming to facilitate more frequent and rapid digital yen payments for thousands of transportation contractors. This move could streamline the payment process, reducing administrative burdens and costs. The adoption of JPYC could also promote the use of central bank digital currencies in the logistics industry.

The planned rollout would let thousands of transportation contractors receive digital yen payments more frequently and quickly.