Japanese stablecoin firm JPYC raises $38 million in extended Series B

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Japanese stablecoin firm JPYC raises $38 million in extended Series B

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JPYC, a Japanese stablecoin firm, raises $38 million in an extended Series B funding round, with the proceeds set to expand its financial and Web3 ecosystem, accelerating adoption of its stablecoin.

The firm said Wednesday that the proceeds will be used to expand its financial and Web3 ecosystem and accelerate adoption of JPYC.