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JPYC CEO Expects Demand to Rise as Japanese Banks Face Disruptions
GMO Aozora Net Bank suspended some banking API services shortly before Okabe’s remarks, after detecting unauthorized communications.

JPYC Inc. CEO Noritaka Okabe said demand for JPY Coin (JPYC), a regulated yen-pegged stablecoin, would rise as more Japanese banks face service disruptions, including a recent API suspension.
GMO Aozora Net Bank suspended some banking API services shortly before Okabe made the remarks, after detecting unauthorized communications.
JPYC Inc. registered with Japanese authorities as a funds transfer service provider in October 2025.