1 min read
Add as a preferred source on Google

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.

A metal token rests beside a disconnected bank network cable / TokenPost.ai
A metal token rests beside a disconnected bank network cable / TokenPost.ai

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.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…