Japan Stablecoin Race Just Got a Major Boost JPYC Inc., behind the the yen-pegged stablecoin ethereum:0xe7c3d8c9a439fede00d2600032d5db0be71c3c29, has raised $38 million in an extended Series B round to expand its yen stablecoin ecosystem. The company plans to accelerate JPYC adoption across payments and Web3 services. Logistics giant AZ-COM Maruwa plans to use JPYC for contractor fees and salaries. Japan's stablecoin market is also seeing growing interest from major financial institutions.

Had a great time in Tokyo last week with @KaiaChain and @jpyc_official. 🇯🇵 Lots of thoughtful discussions around JPYC, stablecoin adoption, cross-border payments, and the future of Asia’s digital financial network. This is exactly the direction we’re building toward at Pieverse: agent-native payments, messaging-native commerce, and practical stablecoin adoption. Great conversations, great energy, and more to build!

Buying coffee shouldn't reveal your entire treasury.Before you tap at Lawson with @jpyc_official and @hashport_io, move JPYC through zERC20 into a clean spending wallet. Small purse, zero link to your stack. Pay like it's cash.

Projects Fundraising on RootData (Aug 3 - Aug 9) Last week, 11 blockchain companies/projects received funding. 💎 @yellowcard_app — Licensed stablecoins infrastructure provider, raised $40M in strategic funding from @scventuresDNA, @Sony_Innov_Fund, @polychaincap, @bcap & others. 💎 @jpyc_official — Japanese Yen stablecoin, raised $38M in Series B2 from AZ-COM Maruwa Holdings. 💎 @vangrid_io — DePin infrastructure, raised $9M in seed round from @HashKey_Capital, @Cryptocom_Cap, @animocabrands & others. 💎 @Magne_Ai — AI-native Web3 smartphone, raised $2.64M in strategic round from @GaeaVentures, @Titans_ventures & @0x_Go2Mars.

.@KaiaChain, the EVM-compatible Layer 1 built for stablecoin settlement and onchain finance across Asia, has selected Hypernative to secure its chain and its incubated DeFi platform: SuperEarn. The choice cleared Kaia's Governance Council, with members including Kakao, LINE, Animoca Brands, Binance, HashKey, and Hex Trust, then passed a public vote on Kaia's governance forum. Kaia brings together the Kakao and LINE ecosystems and moves capital across Korea, Japan, and Southeast Asia on native USDT, JPYC, and a growing roster of local stablecoins. As that liquidity flows into onchain finance and RWAs a tap away inside LINE, Kaia now runs real-time onchain monitoring and automated response across the ecosystem, starting with SuperEarn and extending to the projects and stablecoin issuers building on the chain. Read how it came together: