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JPYC raises $38 million Series B led by major Japanese logistics firm AZ-COM Maruwa (9090)
WHAT HAPPENED
CoinDesk reports that JPYC raised ¥6 billion ($38 million) in an extension of its Series B to expand its yen-pegged stablecoin. New investor AZ-COM Maruwa Holdings plans to settle payments in JPYC with business partners including Amazon Japan.