Yen Stablecoin JPYC Secures $38M in Series B Funding

Yen Stablecoin JPYC Secures $38M in Series B Funding

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JPYC, the issuer of a yen-pegged stablecoin, successfully raised $38 million in its Series B funding round. The new capital is intended to bolster its financial and Web3 ecosystem and drive adoption of its token.

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

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