Will Stablecoins Become the Default Payment Rail for Businesses?

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Japanese logistics firm AZ-COM Maruwa committed ¥1 billion ($6.16M) to deploy regulated yen-pegged stablecoin JPYC to about 2,300 subcontractors and drivers, roughly doubling JPYC’s supply from ¥1–1.3 billion and marking one of Japan’s largest corporate stablecoin deployments. Launched in October 2025 and operating on Avalanche, Ethereum and Polygon with reserves in bank deposits and Japanese government bonds to maintain a 1:1 peg, JPYC’s expansion highlights enterprise stablecoin adoption and the potential for stablecoins to become a mainstream payment rail for crypto, DeFi and cross-border payments.
- Businesses are adopting stablecoins for treasury and cross-border payments.
- JCB and AZ-COM Maruwa are expanding enterprise stablecoin use cases in Japan.
- Stablecoins are evolving into a payment rail alongside banks and card networks.
In Japan, logistics giant AZ-COM Maruwa Holdings committed ¥1 billion ($6.16 million) to deploy the regulated JPYC stablecoin for payments to around 2,300 subcontractors and independent drivers.
The investment roughly doubled the total supply of JPYC, which previously stood between ¥1 billion and ¥1.3 billion, making it one of Japan’s largest corporate stablecoin deployments to date.
JPYC, launched in October 2025, is Japan’s first regulated yen-pegged stablecoin. It maintains a one-to-one peg with the yen through reserves held in bank deposits and Japanese government bonds while operating across Avalanche, Ethereum, and Polygon…
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