AZ-COM Maruwa is investing ¥1 billion in JPYC and will pay drivers in the yen-backed stablecoin in Japan's first large-scale corporate deployment.

AZ-COM Maruwa is investing ¥1 billion in JPYC and will pay drivers in the yen-backed stablecoin in Japan's first large-scale corporate deployment.

AZ-COM Maruwa hopes to attract contractors with prompt, fee-less payments

AZ-COM Maruwa Holdings invests ¥1 billion in JPYC, Japan's first regulated yen stablecoin, to pay 2,300 subcontractors and delivery drivers.

By offering contractors faster payments with stablecoins, the firm seeks to attract more business partners, according to Nikkei.

Japão terá primeiro uso corporativo em larga escala da stablecoin JPYC

AZ-COM Maruwa will adopt yen stablecoin JPYC to pay 2,300 business partners and truck drivers. The move aims to speed up cash flow amid Japan’s logistics labor shortages.