Stablecoin

JPYC (JPYC) on U.CASH

JPYC is a payment stablecoin pegged 1:1 to the Japanese yen, issued in Japan under the Payment Services Act. On U.CASH you can accept JPYC payments, swap it non-custodially, and hold it in your own wallet.

Straight into the app: Swap JPYC · Buy JPYC · Get UCASH with JPYC

Ticker
JPYC
Type
Stablecoin
Launched
2025
Block time
~2 s

Ethereum ERC-20. Settlement on U.CASH is non-custodial: every payment moves on-chain, direct to a wallet you control. Confirmation policy for JPYC: 3 confirmations on Ethereum (~6 seconds).

One coin, three ways to use it

A single U Account works across accept, swap, and buy. Pick where to start.

JPY rails and pegs

Which payment rails settle the Japanese Yen and which tokens track it, in one place.

Japanese Yen (JPY) on U.CASH

Related on U.CASH

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The leading smart-contract blockchain and home of ERC-20.

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USD Coin (USDC)

A fully-reserved US-dollar stablecoin across EVM chains.

Before you start

The setup is deliberately short. One wallet capable of holding JPYC and a little ETH for gas on its chain, one receiving address for the output, and you have everything: a web3 name resolves to the address just as well as the raw string. Read the preview before signing, since it carries the whole trade at a glance, the amounts in and out, the fee, and the network cost. The wallet remains yours throughout and signs nothing you have not seen on screen, which is the whole security posture in one sentence.

Fees and settlement

Two costs, both visible up front. The platform charges a flat 0.50% all-in on the swap and nothing hidden behind it, no spread and no routing cut. The network charges its gas in ETH, settling with about 2 s blocks on Ethereum ERC-20, itemized per leg in the preview. What settles is on-chain to the address you chose, under this asset's policy of 3 confirmations on Ethereum (~6 seconds), and once confirmed the balance is entirely yours to move with no platform anywhere in the path.

Execution runs through the aggregated DEX route, which means the number you approved is the number that happens or the transaction reverts: swaps are atomic, with no half-settled state to unwind and no exposure window between legs. If a route cannot fill at your approved bounds it fails cleanly and you re-quote, which is the failure mode you want, cheap and loud rather than silent and expensive.

Tokenized assets price from their issuer's own feed rather than a crypto market, so the quote tracks the underlying's session, and transfer eligibility follows the issuer's on-chain rules: the contract enforces them at settlement, which is why the checkout asks buyers to confirm eligibility once. These assets are not card-buyable; acquisition runs through the swap rail, and the fee structure above applies unchanged. What the wrapper adds is exposure with wallet speed, not brokerage machinery: no deposit account, no settlement lag between deciding and holding. Holders keep the same options as any token: send it, spend it where it is accepted, or swap back out the way they came in, and every movement carries the chain's own finality with it.

JPYC FAQ

What is JPYC?
A payment stablecoin pegged 1:1 to the Japanese yen, issued by a regulated issuer and transferable on-chain.
How is the JPYC price determined?
It is pegged 1:1 to the Japanese yen; U.CASH prices it from live market Japanese yen rates rather than a crypto feed, refreshing every few minutes.
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