JPYC launches Japanese yen stable currency and issuance and redemption platform JPYC EX

According to Foresight News, the Japanese yen stablecoin issuer JPYC officially launched today JPYC EX, a stablecoin and issuance and redemption platform linked to the Japanese yen 1:1. The stablecoin is supported by domestic savings and Japanese government bonds. Registered users can make an issuance reservation through JPYC EX, and after remitting Japanese yen to the designated account, they can receive JPYC at the registered wallet address; they can make a redemption reservation through JPYC EX and send JPYC to the designated address, and they can receive Japanese yen back in the registered withdrawal account. In the early stage of the project, transaction fees will be waived to expand the scope of use, and income will be earned through interest on holding treasury bonds.
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