Fiat currency · JPY

Japanese Yen on U.CASH

The Japanese yen has no domestic instant rail in the U.CASH set, but it is fully served cross-border: SWIFT delivers yen from any country, and the card processors settle it worldwide.

Start accepting → All currencies

Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.

Japanese Yen at a glance

Code

JPY

Symbol

Local rail

None in the set

Pegged tokens

Rails that settle JPY

Yen checkouts can offer SWIFT for bank transfers and cards through your own Stripe or Verifone account; crypto rails cover buyers who prefer on-chain settlement.

SWIFT

International. Manual rail, no processor account.

The SWIFT rail →

Stripe

Worldwide. Card processing via your own account.

The Stripe rail →

Verifone (2Checkout)

Worldwide. Card processing via your own account.

The Verifone (2Checkout) rail →

Pegged tokens on U.CASH

JPYC, the yen stablecoin, trades on U.CASH: a 1:1 yen-pegged token that gives a yen checkout an on-chain settlement leg with no FX step.

JPYC (JPYC)

Pegged 1:1 to the japanese yen. Accept it, swap it, hold it non-custodially.

Overview →

How to accept JPY at checkout

Step 01

Open a checkout

A store, a payment link, or an embedded checkout on U.CASH Pay lists what buyers can pay with. Card processing covers JPY buyers through your own processor account.

Step 02

Set your prices in JPY

Your prices stay denominated in Japanese Yen. The checkout derives the crypto amount live at payment time when a buyer pays with a digital asset, and the JPY figure is what your ledger reconciles against.

Step 03

Get paid

Card buyers settle through your processor, and buyers paying the JPY-pegged token settle on-chain to your wallet. Each payment arrives with its reference and transaction detail in the record.

Step 04

Settle your way

Hold receipts, convert them on a schedule, or pay out through the rails that reach your bank. Nothing about the currency choice locks the treasury path.

The JPY rails compared

Reach, flow mode, and what each rail asks of the buyer, from the rail registry.

Bank

SWIFT · Global by nature · Manual flows · Reference per order. U.CASH charges nothing on the SWIFT rail. Sender and intermediary banks take their own fees, which vary by co…

Card

Stripe · Global by nature · Automatic flows · Not required. U.CASH charges nothing on top: you pay Stripe's processing fees, and Stripe's payout schedule applies. Connec…

Card

Verifone (2Checkout) · Global by nature · Automatic flows · Not required. U.CASH charges nothing on top: you pay Verifone's processing fees on your own account terms, and Verifone's p…

Bank

SWIFT · Essentially every banking system · For corridors the local rails do not cover

A practical composition for a Japanese Yen merchant: the local rail wins domestic transactions on cost and speed, cards cover the buyers who reach for plastic, and the JPY peg carries cross-border settlement without correspondent banks. Offer all of them from one checkout and let each payment find its natural path; the invoice stays in JPY whichever leg carries it.

The on-chain alternative

One JPY-pegged token trades on U.CASH: JPYC (JPYC). It settles as a standard token on its home chain, so a Japanese Yen receipt can arrive on-chain without any bank in the loop, and the peg holds the two forms of the currency equivalent for accounting.

Where it settles

Countries served by the Japanese Yen rails on U.CASH.

Japan

Japanese Yen: FAQ

Can I accept yen without a Japanese bank account?

For on-chain settlement yes: JPYC or any crypto asset. For bank settlement you need a yen-receiving account reachable by SWIFT.

Is there a yen stablecoin?

Yes, JPYC: issued 1:1 against yen reserves, acceptable at U.CASH checkouts and swappable non-custodially.

How do I price JPY when buyers pay crypto?

Price in Japanese Yen and let the checkout derive: the invoice carries the JPY figure, the buyer's wallet sees the crypto equivalent at live rates, and your ledger reconciles against the JPY denomination. The currency of record never changes.

Should I hold the JPY peg or convert out on receipt?

Holding the pegged token keeps the exposure in Japanese Yen terms, which suits a business whose costs are in Japanese Yen. Converting on receipt into your operating currency removes the exposure at the cost of the conversion fee. Both are checkout settings, changeable anytime.

Get started

JPY, rails and chains

Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.

Open U.CASH Pay → Browse currencies