Japanese logistics company eyes JPYC stablecoin to pay drivers

Written by Felix Ngstaff editorReviewed by Yohan Yunstaff editorWritten by Felix Ngstaff editorReviewed by Yohan Yunstaff editorJapanese logistics company eyes JPYC stablecoin to pay driversLatest NewsPublishedJul 20, 2026The planned rollout would let thousands of transportation contractors receive digital yen payments more frequently and quickly. AZ-COM Maruwa Holdings, a major Japanese logistics company, plans to adopt the JPYC stablecoin to make payments to around 2,300 business partners, in what is expected to be the first large-scale corporate use of the yen-denominated JPYC stablecoin in Japan. According to a report from Nikkei, the stablecoin will be used to pay fees and compensation to individual contractors who handle transportation, including truck drivers, while the use of the stablecoin will allow faster and more frequent payments, as it does not charge transfer fees. AZ-COM Maruwa is also considering a partnership with JPYC and an investment of over 1 billion Japanese yen ($6.2 million).Related: Sony Bank and JPYC to test instant yen stablecoin buys from customer accountsAZ-COM Maruwa is a mid-sized Japanese logistics company in Japan and counts Amazon Japan among its major customers. “We will continue to advance the integration of logistics and commercial payment flows with JPYC,” said Noritaka Okabe, founder and CEO of JPYC Inc. Subscribe to daily byte-sized crypto news from Cointelegraph Subscribe Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. JapanStablecoinAltcoinsMore on the subjectUS freezes $131M in Iran-linked crypto as Middle East tensions riseJul 15, 2026Felix NgDeFi may be ‘quietly re-rating’ given outperformance against Bitcoin: BitwiseJul 10, 2026Jesse CoghlanSOL rallies as Solana memecoins, prediction market activity surge: …

Japanese logistics company eyes JPYC stablecoin to pay drivers

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