Amazon Japan supplier AZ-Com Maruwa to adopt yen stablecoin JPYC for payments

FinanceAmazon Japan supplier AZ-Com Maruwa to adopt yen stablecoin JPYC for paymentsThe Japanese logistics firm plans to pay 2,300 partners, including truck drivers, using JPYC in Japan’s first large-scale corporate stablecoin rollout.By Omkar Godbole|Edited by Sheldon Reback Jul 20, 2026, 8:10 a.m. 2 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowAZ-COM Maruwa Holdings, a Tokyo-listed logistics firm that distributes products for Amazon Japan, plans to pay about 2,300 partners, including subcontractors and truck drivers, using the regulated yen stablecoin JPYC.Backed 1:1 by yen deposits and Japanese government bonds, JPYC is gaining momentum as both AZ-COM’s plan and a new Lawson convenience store pilot indicate rapid mainstream adoption of regulated stablecoins in Japan.A Japanese logistics company that counts Amazon Japan as a client plans to settle payments in the regulated yen stablecoin JPYC with business partners, including independent truck drivers, according to a report by Nikkei Asia.Tokyo-listed AZ-COM Maruwa Holdings (9090), which reported 230.5 billion yen ($1.4 billion) in revenue for the fiscal year ended March, plans to use JPYC for fees and other payments to its network of around 2,300 partners, including subcontractors and truck drivers. The company has been working with Amazon Japan since 2017, providing delivery services for its online shopping operations.The move marks the first large-scale corporate use of a stablecoin in day-to-day operations in Japan, signaling that mainstream adoption of tokenized assets continues to expand even as broader cryptocurrency valuations remain subdued in a lingering bear market.JPYC is Japan's first fully regulated yen-pegged stablecoin, and is issued by Tokyo-based fintech firm JPYC Inc. The stablecoin debuted in October last year under the Payment Services Act and maintains a strict 1:1 peg to the yen. It is 100% backed by bank depo…

Amazon Japan supplier AZ-Com Maruwa to adopt yen stablecoin JPYC for payments

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