JPYC Stablecoin Volume on Polygon Reaches $265 Million
Japan has a habit of getting to payments infrastructure early and stablecoins are turning out no different. Local currencies are moving onchain everywhere now and JPYC has one of the most active non dollar stablecoin economies anywhere. MOACT and @hashport_io turning kansai electric points into JPYC you can actually use is one more example and theres been a few big ones recently. And this is happening on @0xPolygon!…
Japan has a habit of getting to payments infrastructure early and stablecoins are turning out no different. Local currencies are moving onchain everywhere now and JPYC has one of the most active non dollar stablecoin economies anywhere. MOACT and @hashport_io turning kansai electric points into JPYC you can actually use is one more example and theres been a few big ones recently. And this is happening on @0xPolygon! $265M in JPYC total volume so far, more than every other chain combined 💜
NEW: One of Japan's largest utility companies is turning loyalty points into onchain payments on Polygon. MOACT, Kansai Electric’s rewards arm, and @hashport_io are letting users convert points into JPYC to hold, send, and spend on Polygon Chain.
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