Japanese logistics group AZ-COM Maruwa Holdings plans to introduce the yen-backed JPYC stablecoin for payments to some 2,300 partner carriers and independent drivers, according to a Nikkei. report cited by Crypto Briefing.
Summary
- AZ-COM Maruwa plans JPYC payments for 2,300 logistics partners in Japan’s first major corporate launch.
- The logistics group will invest 1 billion yen in JPYC and at the same time form a direct business partnership.
- JPYC is gaining wider use through retail trials, lending projects, and emerging payments infrastructure across the country.
the movement is “It is expected to become the first large-scale corporate use of JPYC in Japan.” The company also plans to invest 1 billion yen in JPYC and form a commercial partnership with the stablecoin’s issuer. The launch would take JPYC beyond retail testing and crypto services into routine commercial payments through a large logistics network.
AZ-COM Maruwa incorporates JPYC into logistics payments
AZ-COM Maruwa Holdings operates third-party logistics, transportation, warehousing and delivery services in Japan. Its intended use of JPYC would cover subcontracting and other payments made to a wide network of transportation partners, including individual truckers.
The reported 1 billion yen investment also directly links the logistics group to the growth of the JPYC. The companies have not yet revealed a detailed implementation schedule or explained how each partner will receive, hold or convert the tokens. Those operational details will determine the extent to which drivers and carriers use JPYC rather than immediately redeeming it for yen.
JPYC started transmitter its regulated yen-backed stablecoin on October 27, 2025. The token maintains a one-to-one peg to the yen and uses bank deposits and Japanese government bonds as reserve assets. It operates on public blockchain networks and can be issued or redeemed via JPYC EX.
The AZ-COM Maruwa plan follows other attempts to move JPYC to daily payments. As reported by crypto.news, Lawson plans to conduct tests Payments in yen at a Tokyo convenience store in August through a point-of-sale system. The trial will allow customers to pay using a payment system linked to a smartphone.
Japan stablecoin market adds more use cases
JPYC is also expanding into financial products. As crypto.news reported, Metaplanet and JPYC recently began studying Backed by Bitcoin credit products that could use JPYC for loans and settlements. The project is examining how Bitcoin collateral and the liquidity of the yen-denominated stablecoin could work together. Payments infrastructure is developing at the same time.As reported by crypto.newsLINE NEXT plans to support JPYC through Unifi Pay, a stablecoin payment service scheduled to launch in the third quarter. The service is designed to allow users in Japan to top up local stablecoins from bank accounts after completing identity checks.
The logistics rollout would differ from smaller consumer pilots because it involves thousands of businesses and independent drivers receiving payments through the same stablecoin system. If implemented at the reported scale, it would test the JPYC’s ability to handle regular corporate liquidations rather than isolated retail purchases.
Japan is also tightening rules on stablecoin reserves as adoption grows.Japanese regulators have set conditions for government bonds held as reserve assets. JPYC has said it plans to keep most of its reserve income in Japanese government bonds and the rest in bank deposits.
Therefore, the planned launch of AZ-COM Maruwa comes as the JPYC moves towards retail payments, lending experiments and broader payments infrastructure. The 1 billion yen investment adds direct corporate commitment, while the proposed payments to 2,300 logistics partners would provide one of the clearest tests yet of whether a yen-regulated stablecoin can work in daily trade settlement.
