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Morning Edition · Monday, July 20, 2026Published at 1:27 AM EDT · New York
A Japanese Logistics Firm Will Pay 2,300 Partners in a Yen Stablecoin
AZ-COM Maruwa plans to invest about ¥1 billion in JPYC as Circle's president defends USDC against mounting stablecoin competition.
AZ-COM Maruwa, a major Japanese logistics company, plans to pay 2,300 of its logistics partners using JPYC, a yen-denominated stablecoin, and to invest about ¥1 billion in the token. The plan is one of the larger corporate tests of stableco…
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Race to Bank and Distribute Stablecoin Reserves
Over 3-6 months, established financial and payments firms compete to custody stablecoin reserves and embed stablecoin rails into cross-border settlement, institutionalizing the plumbing beneath stablecoins.
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