JPYC

Q: Where does this data come from?

By chain: Polygon 53.2% ($10.17M), Ethereum 21.8% ($4.17M), Kaia 20.8% ($3.97M), Avalanche 4.2% ($801.38K). Price: Uniswap v4 pool. History: Read from the token contracts: one reading per month end from 2025-06-30, then one a day from 2026-05-31.

JPYC (JPY Coin) is a Japanese yen stablecoin issued by JPYC Inc., on 4 chains. Supply is 3.02B JPY ($19.11M), −19.1% in 30 days.

JPY · Asia-PacificJPYC Inc.fiat-backed

Supply: $19.11M; 3.02B JPY
Trading volume: $20.10M; DEX pools, last 30 days.
Transfer volume: $59.84M; Sep 2026, full month
Active addresses: 10.2K; Sep 2026, full month

Monthly supply by chain

By chain · USD · trading price when there is one, otherwise today's FX rate

Supply

USD · since 30 Jun 2025

JPYC · USD/JPY

Rate

157.92

USD/JPY. The pool price, written as a rate.

Gap to the market rate

-22 bps

A price we measured.

Gap vs market rate

3 months. Measured from 11 Sep.

Buys vs the Wise hourly rate.

Hollow dot: over 2% off the market rate.

Cost to convert

What a swap costs vs the market rate, fee and price impact included.

Trade size	USD → JPY	JPY → USD
$1k	-15 bps	+28 bps
$10k	-15 bps	+29 bps
$50k	-11 bps	+32 bps

bps = basis points. 100 bps = 1%.

Apps and protocols

Apps that support JPYC

Trading

DEX	Chains	Volume, 30 days
Uniswap	Polygon, Ethereum, Avalanche	$20.10M

Pools we track on GeckoTerminal, 1 Oct–30 Oct 2026.

Lending, payments and more

Morpho · PolygonPAO TECH Labs post ↗
Lending · JPYC lending markets

Checked 4 Oct 2026. Only apps with a public source; the list is not complete.

Verify and integrate

JPYC Inc.:

Not found: Reserve attestations, Licence.

How to get JPYC

Who can mint: Businesses & individuals
Mint: Individuals (Japanese eKYC) and companies with a JPYC EX account send JPY by bank transfer and receive JPYC.
Redeem: Holders send JPYC to JPYC EX and receive JPY by Zengin bank transfer.
Payment rails: Zengin System (bank transfer)

Also available on

JPYC EX

Compiled 23 Sep 2026 from public issuer information (espl.jp, corporate.jpyc.co.jp, web3.bitget.com). Not advice. Confirm with the issuer before sending funds. Report a correction.

JPYC contract addresses (4)

Not on JPYC Inc.'s own pages. Found via block explorers and data aggregators.

AvalancheLive since 3 Jun 20250xe7c3d8c9a439fede00d2600032d5db0be71c3c29
EthereumLive since 3 Jun 20250xe7c3d8c9a439fede00d2600032d5db0be71c3c29
Kaia0xe7c3d8c9a439fede00d2600032d5db0be71c3c29
Polygon0xe7c3d8c9a439fede00d2600032d5db0be71c3c29

Each address opens in that chain's block explorer.

Not confirmed by the issuer yet. Issuers can request a check →

FAQ

What is JPYC?

JPY Coin (JPYC) is a Japanese yen stablecoin issued by JPYC Inc. and backed by fiat reserves. 3.02B JPY is in circulation on 4 chains; 53.2% is on Polygon.

How do I mint or redeem JPYC?

Mint: Individuals (Japanese eKYC) and companies with a JPYC EX account send JPY by bank transfer and receive JPYC. Redeem: Holders send JPYC to JPYC EX and receive JPY by Zengin bank transfer. Who can mint directly: businesses & individuals. Payment rails: Zengin System (bank transfer). Compiled 23 Sep 2026 from public issuer information; confirm with the issuer before sending funds.

Sources: espl.jp · corporate.jpyc.co.jp · web3.bitget.com

Where can I get JPYC without minting?

Besides minting directly, JPYC is available on JPYC EX. Listings change; check the venue before sending funds.

Where does the JPYC supply figure come from?

Read from the JPYC contracts on every chain we track, minus 8 issuer wallets across chains that a public source names as not issued yet or waiting to be burned (listed on this page). Counted once per chain: 2 addresses appear on more than one chain. Bridged copies are counted once. It agrees with DefiLlama's figure.

How is the JPYC gap measured?

Its latest USD price (from its pool, or DefiLlama) is compared with the latest market rate for JPY (Wise mid-market, from Reuters) where we have it, else the ECB reference rate. The stablecoin page, the JPY page and the FX page use the same rate, so they show the same gap. Zero means exactly at the market rate, + means it costs more USD than the market rate, − less; 100 bps = 1%.

Why is JPYC shown in USD?

JPYC has a trading price ($0.0063, from its Uniswap v4 pool on Polygon), so its supply is shown in USD at that price.

Where does this data come from?

Supply: We read JPYC's supply from its contracts on Polygon, Ethereum, Kaia and Avalanche. Cross-checked: within 1% of DefiLlama's figure.
Left out of supply: 2.39B JPY in JPYC issuer wallet (minted, not yet issued) on Ethereum (0x8549e82239a88f463ab6e55ad1895b629a00def3) · view on explorer ↗ · Named in DefiLlama's listing code ↗
1.75B JPY in JPYC redemption wallet (returned, not yet burned) on Ethereum (0xb808af91bdc577bfb3f9c91470f3286dd076e5c1) · view on explorer ↗ · Named in DefiLlama's listing code ↗
2.83B JPY in JPYC issuer wallet (minted, not yet issued) on Kaia (0x8549e82239a88f463ab6e55ad1895b629a00def3) · Named in DefiLlama's listing code ↗
2.24B JPY in JPYC redemption wallet (returned, not yet burned) on Kaia (0xb808af91bdc577bfb3f9c91470f3286dd076e5c1) · Named in DefiLlama's listing code ↗
1.65B JPY in JPYC issuer wallet (minted, not yet issued) on Polygon (0x8549e82239a88f463ab6e55ad1895b629a00def3) · view on explorer ↗ · Named in DefiLlama's listing code ↗
4.29B JPY in JPYC redemption wallet (returned, not yet burned) on Polygon (0xb808af91bdc577bfb3f9c91470f3286dd076e5c1) · view on explorer ↗ · Named in DefiLlama's listing code ↗
2.88B JPY in JPYC issuer wallet (minted, not yet issued) on Avalanche (0x8549e82239a88f463ab6e55ad1895b629a00def3) · view on explorer ↗ · Named in DefiLlama's listing code ↗
228.31M JPY in JPYC redemption wallet (returned, not yet burned) on Avalanche (0xb808af91bdc577bfb3f9c91470f3286dd076e5c1) · view on explorer ↗ · Named in DefiLlama's listing code ↗
Left out of supply: units in wallets a public source names as the issuer's (not issued yet, treasury or reserve, or returned and waiting to be burned). Counted once per chain: 2 addresses appear on more than one chain.
By chain: Polygon 53.2% ($10.17M), Ethereum 21.8% ($4.17M), Kaia 20.8% ($3.97M), Avalanche 4.2% ($801.38K)
Price: Price from the Uniswap v4 JPYC/USDC pool on Polygon (0.05% fee tier, plus Uniswap's 0.0125% protocol fee). The pool's smaller side holds $281.67K. View pool ↗ DefiLlama's price ($0.006331) is within 0.1% of it. We use the pool when the two are within 3%.
History: Read from the token contracts: one reading per month end from 2025-06-30, then one a day from 2026-05-31.