Yen stablecoin issuer JPYC’s Series B reaches $38M

CoinTelegraph·

Yen stablecoin issuer JPYC’s Series B reaches $38M

60-second summary

JPYC's Series B funding round reaches $38 million, a significant boost for the yen stablecoin issuer. The new capital will be used to expand its financial and Web3 ecosystem, accelerating adoption of its yen-pegged token.

JPYC said it plans to use the new capital to expand its financial and Web3 ecosystem and accelerate adoption of its yen-pegged token.