AZ-Com Maruwa to Use Yen Stablecoin JPYC for Payments to Partners
Tokyo-listed AZ-Com Maruwa Holdings plans to adopt the yen stablecoin JPYC to pay about 2,300 partners, including subcontractors and truck drivers, marking a significant corporate use of stablecoins in Japan, according to CoinDesk.
AZ-Com Maruwa Holdings, a logistics company in Tokyo that distributes products for Amazon Japan, is set to implement the yen stablecoin JPYC for payments. The company intends to use JPYC to settle fees with its network of approximately 2,300 partners, including truck drivers and subcontractors, in a pioneering move for stablecoin adoption in corporate payments within Japan.
JPYC, which launched in 2025, is Japan's first fully regulated stablecoin, pegged 1:1 to the yen and backed entirely by deposits and Japanese government bonds. With an on-chain circulation that recently surpassed 2 billion yen, JPYC’s adoption indicates the growing trend toward tokenized assets, even amidst a bearish broader cryptocurrency market.
The initiative aims to enhance cash flow to drivers and small carriers, addressing labor shortages and compliance with stricter labor regulations in Japan. By enabling near-instant, fee-free conversions to yen, AZ-Com hopes to make contracting work more appealing, as explained in a report from Nikkei Asia.
Additionally, the company is exploring a formal business partnership with the issuer of JPYC, considering a substantial investment of 1 billion yen in the token. This corporate adoption mirrors recent news of a pilot program by Lawson, a major convenience store chain in Japan, which plans to accept JPYC payments starting in early August at its Takanawa Gateway City location.
The swift progression from consumer retail trials to large-scale business-to-business (B2B) applications suggests an accelerating mainstream acceptance of regulated stablecoins in Japan.
Summary based on original reporting by Omkar Godbole at CoinDesk, originally published Jul 20, 2026. SolanaWire does not republish source content.
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